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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.

Prime Minister David Cameron and Business Secretary Vince Cable

'There's no magic money tree': David Cameron and Nick Clegg slap down Vince Cable for suggesting government could jumpstart flatlining economy by increasing borrowing

Downing Street insists PM is 'sticking to the course' despite Liberal Democrat Business Secretary's comments

The interest offered on cash ISAs last year are considerably higher than this year's are likely to be

Savvy Money: Ensure you make the most of your old and new ISAs

There is just over a month to go until the end of the tax year, which normally means: A) lots of ISA (individual savings accounts) adverts; and b) a bunfight by cash ISA providers for the top slot in the best-buy tables.

Five Questions About: Negative interest rates

Why has the Bank of England proposed negative rates?

James Moore: A crop of problems if AgriBank were to go pop

Outlook On to high-yield savings and AgriBank, which has generated a flurry of excitement by offering a bond that might allow your money at least to keep pace with inflation.

Paul Tucker, Deputy Governor of the Bank of England

Are your savings under threat? Bank of England mulls negative interest rates

Deputy Governor floats plan that could mean new charges for customers

HKK Broadgate West, Worship Street, London EC2

Is the Hakkasan group's latest proposition worth the City-slicker prices?

Incoming Bank governor Mark Carney

It's not the end of the world – but it's the end of any false complacency

This is bad news. A drop in a credit rating by one agency does not matter that much in itself, for heaven knows, the rating agencies have been absurdly wrong in their judgements. The AAA ratings they gave to dodgy US housing debt were one of the factors in the banking crash of 2008. Both the US and France have seen a similar modest downgrading of their debt. But it matters because it focuses investors on the inherent weakness not just of British national finances at the moment but also of the longer-term commitment of the UK authorities to holding down inflation and assuring investors that they will get paid back in real – rather than devalued – money.

George Osborne embarrassed as UK's credit rating drops

George Osborne was dealt a severe political blow tonight as the UK was stripped of its top notch rating by the credit agency Moody’s.

Money Insider: It's grim, but don't give up savings habit

It's almost four years since the Monetary Policy Committee slashed its base rate to 0.5 per cent to try to get the UK economy moving, but it feels as if we've made little headway since then and still find ourselves teetering on the edge of recession.

Adverts target 'misery' of unlocked pensions

Regulators are to unveil measures this week to help combat the menace of pension unlocking.

RBS warning of more fines after £390m Libor hit

Emails implicate ring of 21 staff found to have been rigging key interest rates as recently as 2010

Market activity has improved with sales in 2012 at their highest for five years, says Halifax

House prices up nearly 2%

New figures suggest the biggest rise since January 2010

Investment View: Libor woes for banks could end up as a car crash

Judges will know successful claims could potentially bankrupt state-owned banks

Economic growth shrank in the final quarter of 2012

The fiscal cliff effect? Shock fall in US GDP blamed on spending cuts

A drop-off in government spending, along with a reduction in business inventories, led to an unexpected contraction in the US economy at the end of last year.

Spotlight On: M&S everyday savings

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen