News US President Barack Obama pauses while making a statement about the death of former South African President Nelson Mandela in the briefing room of the White House

US politicians are closing in on a deal to ease the impact of spending cuts worth up to $200 billion (£122 billion) which are due to hit home next year, it emerged today.

US third quarter growth revised up to 3.6%

Chancellor George Osborne's boasts that Britain was growing faster than any other economy were scuppered within hours after a significant upgrade for the US economy.

Retail sales fall as hard-hit shoppers rein in spending

Britons eased back on the barbecues last month after a glorious July, sending retail sales skidding lower for the first time since April today.

Economic boost puts pressure on Mark Carney over interest rates

Readings will make it hard for Canadian to fulfil his pledge to keep rates on hold until 2016

German confidence up as powerhouse of EU economy continues to expand

German firms are feeling more confident than at any time in the past 16 months, according to the latest survey of the sector.

Market Report: Oil giants expected to ride out 'fix' storm

While Westminster worried about the scale of an oil price-fixing scandal, the City took a more sanguine view. Tuesday's raid of the oil giants' offices by the European Commission – the start of an investigation into allegations of fixing that could have affected millions of motorists – fuelled fears that the oil majors are facing their very own version of the banks' Libor disgrace.

Eurozone jobless hits new record – and no end to misery in sight

Unemployment across the eurozone soared to yet another new record as analysts warned that the jobs pain would continue for months to come.

Barclays boss Jenkins bags ING Direct in online deal

Barclays has snapped up the online bank ING Direct UK in the first deal struck under its new chief executive Antony Jenkins.

Banking giant Barclays has agreed to buy savings and mortgage business ING Direct UK in a deal that will see it add another 1.5 million customers.

Banking giant Barclays agrees to buy ING Direct UK

Barclays has agreed to purchase ING Direct UK in a deal that will see it acquire another 1.5 million customers.

Services sector suffers worst performance in eight months

The powerhouse services sector suffered its worst performance in eight months in June, a closely-watched survey said, fuelling fears the UK remains stuck in recession.

Low inflation sets up ECB rate cut

Mario Draghi, president of the European Central Bank, has breathing space to cut eurozone interest rates to a new record low as the threat of rising prices fades, experts said yesterday.

Big fall in US jobless boosts Obama's re-election hopes

US President Barack Obama's hopes of a winning a second term this year gained a major boost yesterday as upbeat jobs figures revealed the biggest fall in unemployment for nearly three years.

Manufacturing sector suffers worst quarter for three years

The manufacturing sector suffered its worst quarter for nearly three years despite an “encouraging” performance in December, figures showed today.

HSBC in talks to sell US credit card arm

HSBC is in talks to sell its US credit card arm, with Capital One Financial seen as the leading buyer for the $30bn (£18.5bn)-plus business.

George Osborne on track over borrowing

Chancellor George Osborne has remained on track to meet his annual borrowing target, despite figures today showing a bigger than expected rise last month.

Market Report: Speculation leads to one big step for Man Group

The rumour mill turned its attention back towards Man Group last night, as reheated speculation that the world's biggest listed hedge fund manager could be a target helped it to surge up the blue-chip index's leaderboard.

Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?