News

Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

Japan’s Prime Minister Shinzo Abe is pushing through economic policies that have been coined Abenomics

Japanese inflation rises at fastest pace in over five years at 1.3% in 2013

Core inflation rose 1.3% in December- beating expectations- matched by rising factory output

Most voters won’t feel better off

After several years of stagnation, Britain’s economy is growing. But what’s happening to living standards? Are they rising too?

Food costs have risen by around 30% while fuel costs have rocketed by up to 60%

Conservatives' claims about improving living standards challenged by independent experts

The Government’s claim that living standards are finally improving has been challenged by independent experts, who have warned that they will not recover strongly for another few years.

John Lewis at Westfield shopping centre

John Lewis looks to cut final salary pension benefits for staff

John Lewis has decided against closing its final salary pension scheme, leaving it as one of the only retailers in the country that still offers new staff the gold-plated retirement payouts more commonly associated with politicians and civil servants.

Why an independent Scotland could become the richest country on Earth

On a per capita basis, the nation has all the ingredients to be one of the world's most prosperous nations

Four in 10 landlords planning to raise rent this year

New tenancies in England and Wales up 7.7 per cent

Fed continues to taper with a further $10bn a month pulled back

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

Markets rebound as Turkey hikes rates amid emerging markets turmoil

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Illnesses are good for GDP with the money drug companies and health institutions are paid to come up with new treatments

Guy Hands: No matter what the politicians say, GDP is a distorted guide to economic performance – and a bad way to measure prosperity

When running a business, you learn that nothing matters more than setting the correct objectives and making sure you keep a very close eye on the balance sheet.

Taxing times: The politics of Ed Balls’s pledge to reintroduce the 50p rate may be sound. But the economics are not

The 50p rate simply does not bring in enough money to justify its own existence

Sir Christopher Pissarides wants to see output levels increase before interest rates are put up

Bank of England should hold rates and add stimulus, says Nobel prize economist Sir Christopher Pissarides

Renowned labour market economist warns it would be premature to put up the Bank’s base rates from 0.5 per cent

Behind good news headlines on recovery and jobs we are no better off than at the start of this slump

Recession will have lasted three years longer than any other in the past 100 years

Mark Carney's speech implied there would be no early rise in interest rates

Carney should learn the discipline of burgernomics

He can try to talk down sterling, but the Big Mac index, based on the cost of one of the world’s favourite fast food item, shows it’s just about right

The tax breaks are good with a pension but the cost in terms of personal financial freedom are often too great

Julian Knight: Why we can’t force people to pay up for their pensions

Making them compulsory will be seen as yet another tax ... and beware the consequences

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Minoan Crete and Santorini
Prices correct as of 15 May 2015
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination

Health fears over school cancer jab

Shock new Freedom of Information figures show how thousands of girls have suffered serious symptoms after routine HPV injection
Fifa President Sepp Blatter warns his opponents: 'I forgive everyone, but I don't forget'

'I forgive everyone, but I don't forget'

Fifa president Sepp Blatter issues defiant warning to opponents
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Weather warning

Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
LSD: Speaking to volunteer users of the drug as trials get underway to see if it cures depression and addiction

High hopes for LSD

Meet the volunteer users helping to see if it cures depression and addiction
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Why the cost of parenting has become so expensive

Today's pre-school child costs £35,000, according to Aviva. And that's but the tip of an iceberg, says DJ Taylor
Fifa corruption: The officials are caught in the web of US legal imperialism - where double standards don't get in the way

Caught in the web of legal imperialism

The Fifa officials ensnared by America's extraterritorial authority are only the latest examples of this fearsome power, says Rupert Cornwell
Bruce Robinson: Creator of Withnail and I on his new book about Jack the Ripper

'Jack the Ripper has accrued a heroic aura. But I'm going after the bastard'

The deaths of London prostitutes are commonly pinned on a toff in a top hat. But Bruce Robinson, creator of Withnail and I, has a new theory about the killer's identity
Simon Stephens interview: The playwright on red-blooded rehearsals, disappointing his children - and why plays are like turtles

Simon Stephens interview

The playwright on red-blooded rehearsals, disappointing his children - and why plays are like turtles
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Holidaying with a bike nut

Cycling obsessive Rob Penn convinces his wife to saddle up
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Bill Granger's fruity Asian desserts

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Fifa presidential election: What is the best way to see off Sepp Blatter and end this farce?

Michael Calvin's Last Word

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Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison