News

It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.

Mark Carney starts Monday as the new Governor of the Bank of England

New Bank of England Governor Mark Carney rolls up his sleeves as new era begins

Mark Carney will hit the ground running at the Bank of England today as he takes on "one of the toughest central banking jobs in the world".

When the Money Runs Out, By Stephen D King. Yale, £20. The Growth Map, By Jim O'Neill. Portfolio Penguin, £10.99

We call it globalisation and it is one of the two great economic stories of our time: that shift of economic power from the old developed world to the new emerging one. The other story is the nasty economic cycle we have just experienced. The two stories are linked because the failures of Western economic management that exacerbated the last recession have sped up the power shift.

David Cameron holds talks with Nicolas Sarkozy

Former French president Nicolas Sarkozy is today visiting 10 Downing Street for private talks with Prime Minister David Cameron.

The Goldman Sachs' building in Fleet Street, London

Defeat for UK Uncut as High Court rules Goldman Sachs 'sweetheart' tax deal is flawed but lawful

But judge tells UK Uncut that deal was 'not a glorious episode in the history of the Revenue'

Pressure intensifies on Bloomberg after new 'snooping' scandal twist

Bloomberg apologised after the financial news agency let its reporters access clients' information

Red-faced Bloomberg admits ‘inexcusable’ privacy breach

Bloomberg was today forced to issue a grovelling apology to clients for its “inexcusable” decision to let its journalists use internal customer information in a scandal that has rocked Wall Street and the City.

What the Sunday papers said

Independent on Sunday: Aviva faces new investor row at annual meeting

Sage of Omaha Warren Buffett's successor stays a secret

Agreement reached, but no clue who it is from 82-year-old Berkshire Hathaway head Buffett
The Goldman Sachs' building in Fleet Street, London

'Sweetheart' deal between HMRC and Goldman Sachs was struck to save Government embarrassment, court hears

A “sweetheart” tax deal which saved Goldman Sachs millions of pounds was agreed by HMRC to save Chancellor George Osborne from “major embarrassment”, a court has heard.

James Moore: Not much to celebrate – even if we avoid ignominy of triple-dip recession

Outlook It's the end of the fiscal year and time to tot up exactly what the Government has to show, in terms of cutting Britain's budget deficit, for another year of austerity, public sector job cuts, pay freezes and non-existent economic growth.

James Moore: Goldman once more leads the pack, but what's really going on is anyone's guess

Outlook That great vampire squid wrapped around the face of humanity relentlessly jamming its blood funnel into anything that smells of money? Well let's put it this way, there's nothing wrong with its nose.

A picture of Chris Holmes' resignation cake was posted on twitter

Employment: A resignation letter that really rises to the occasion

We’re used to disgruntled employees’ resignations doing the rounds these days. In the internet age, those bitter parting words can be uploaded and forwarded in an instant.

Market Report: Miners subside after gold price plunge

Getting on the wrong side of your regulator is a bad idea. Particularly  in financial services

Chinese slowdown rocks global markets

The gold price slumped to its lowest for more than two years yesterday as fears over a major sell-off from institutional investors and central banks sent traders rushing out of the precious metal.

Investment View: Buy LSE while they're cheap and hold on to them

The British economy might still be slumbering, but despite what you might have read, parts of the City have woken up. That ought to make for good times on the London Stock Exchange, or at least the company headed by Xavier Rolet which runs the London Stock Exchange, whose markets have been soaring.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project