Money Neil Woodford is bemused by the speed with which economic commentators have moved from doom to euphoria

The biggest fund manager story of 2013 was the resignation of Neil Woodford from Invesco Perpetual. As you will be aware, Mr Woodford will continue to manage the Invesco Perpetual Income and High Income Funds until he leaves at the end of April, following which he will set up his own company.

Great Works: Still Life (1953) Giorgio Morandi

Phillips Collection, Washington DC

BA emergency funding 'puts concerns to bed'

Embattled airline British Airways today said a £600 million emergency cash funding "puts to bed" concerns over its future.

How to police the banking system

Will today's long-awaited White Paper be enough to avert the next crisis, asks Economic Editor Sean O'Grady

Banks warn regulatory crackdown could stifle UK recovery

Bank chief says sector faces mounting costs and rules that stop it lending

Bank defies the Treasury again as it seeks new powers

Financial Stability Report set to challenge Chancellor as Bank of England insists banks should be smaller

Derek Pain: Nighthawk sale looks a Jolly good deal to me

No Pain, No Gain

Bank of England reluctant to confirm green shoots

Despite some more positive economic indicators, credit conditions still show "no signs of easing" and companies are frightened of their lenders, according to the Bank of England (BoE) agents charged with assessing the business environment.

Jeremy Warner: America moves in on short sellers

Outlook It's the way with regulators. With perfect timing in July 2007 as the bull market was reaching its zenith, the US Securities & Exchange Commission abandoned the "uptick" rule, a measure originally introduced as far back as the Great Depression to limit the supposedly damaging consequences of speculative short selling.

Market update - 4 March

The FTSE 100 edged up by 78 points to 3590 while the FTSE 250 advanced to 5982.7, up 131.9 points, at around 11.59 am.

Jeremy Warner: A standard-bearer for Britain’s banks. Pity they didn’t follow it

Outlook: Is Standard Chartered the only solvent bank left in Britain? At a recent conference, Stephen Green, the chairman of HSBC, was introduced by Tony Blair as about the only banker left who dared show his face in public during daylight hours. I'm not sure that after this week's results and accompanying rights issue, that even the measured Mr Green still counts as the acceptable face of banking.

Business monthly: news in brief

Season of the switch

The price comparison and switching site uSwitch.com has launched a service to help Britain's estimated 4.7 million small businesses obtain a better deal on energy. The move is in response to growing numbers of calls from SMEs keen to cut costs because of the recession. It is claimed the service – www.uswitchforbusiness.com – could help SMEs save up to 50 per cent on energy bills.

Bank says asset buy-ups will be slow at first

The Bank of England yesterday doused hopes that it would move quickly to buy up large volumes of company debt as it set out plans to purchase corporate bonds, commercial paper and Government-sponsored bank debt.

Banking analysts to meet FSA next week

The Financial Services Authority has invited banking analysts to a meeting on Monday to explain its capital ratio requirements and liquidity criteria for banks, as it seeks to avert confusion on comments it made last week when the government announced a second banking bailout.

Thousands stuck in property funds as Standard halts exits

Investors wishing to remove their money may have to wait six months
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The cartoon depicts the UK (far left) walking around a Syrian child refugee
newsIn an exclusive artwork for The Independent, Ali Ferzat attacks Britain's lack of 'humanity'
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British author Helen Macdonald, pictured with Costa book of the year, 'H is for Hawk'
booksPanel hail Helen Macdonald's 'brilliantly written, muscular prose'
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Frozen out: despite being filmed in Iceland, 'Fortitude' is set further north, in the Norwegian archipelago of Svalbard
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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
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness
Homeless Veterans appeal: Homeless in Wales can find inspiration from Daniel’s story

Homeless Veterans appeal

Homeless in Wales can find inspiration from Daniel’s story
Front National family feud? Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks

Front National family feud?

Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks
Pot of gold: tasting the world’s most expensive tea

Pot of gold

Tasting the world’s most expensive tea
10 best wildlife-watching experiences: From hen harriers to porpoises

From hen harriers to porpoises: 10 best wildlife-watching experiences

While many of Britain's birds have flown south for the winter, it's still a great time to get outside for a spot of twitching
Nick Easter: 'I don’t want just to hold tackle bags, I want to be out there'

'I don’t want just to hold tackle bags, I want to be out there'

Nick Easter targeting World Cup place after England recall
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
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