News Scottish First Minister Alex Salmond presents the White Paper for Scottish independence

Scotland's First Minister will have face-to-face talks with the latest Bank of England governor for the first time

Leading article: Britain cannot stand apart from the euro crisis

Mr Cameron must throw his weight unequivocally behind efforts to save the single currency

David Prosser: Governor's call for banks to raise capital ratios can only be bad news for businesses

Outlook Having spent Tuesday promoting an Autumn Statement full of schemes to promote lending to small and medium-sized businesses, George Osborne can't have been too pleased to read yesterday's Financial Stability Report from the Bank of England. It was full of reasons for the banks to lend less rather than more.

Business Diary: Watson will be among friends

This could be fun. The Local Authority Pension Fund Forum says Tom Watson will speak at its conference later this month. The Labour MP and scourge of the phonehackers will find many kindred souls at the forum, which takes the lead on ethical and social investment, as well as among fellow speakers. They include Deborah Hargreaves, the chair of the High Pay Commission. How Tullet Prebon's Terry Smith will go down is another matter. He's a little more – how shall we put it? – free market.

A bemused looking Mervyn King gives evidence in the House of Commons yesterday

The Sketch: Finance – it's so complicated that even the head of the Bank of England can't figure it out

King leafed through the Financial Services Bill, marvelling at MPs’ ability to understand it

King calls for new powers to clamp down on banks

Sir Mervyn King, the Governor of the Bank of England, bared his claws yesterday, calling for wide-ranging new powers to clamp down on rogue banks and describing the embattled broker MF Global as "a good example of a company where, frankly, there was no public interest in saving it".

Bank's Governor to face grilling over QE decision

Sir Mervyn King will be called to account before Parliament today for the decision of the Monetary Policy Committee (MPC) to inject £75bn into the British economy at a time when inflation is running more than double the Bank of England's target.

Stephen Foley: Cassandra King takes the stage in Liverpool

Outlook The notes struck by Sir Mervyn King sound gloomier each time the Bank of England Governor rises to speak.

We should have done something to get rid of Brown, says Alistair Darling

Former Chancellor's memoirs claim economic rift with PM stripped Labour Party of its credibility. Nigel Morris reports

Brown is like dental treatment with no anaesthetic, said Blair

Tony Blair found it so difficult to work with Gordon Brown that he complained that "dealing with GB is like having dental treatment with no anaesthetic", Alistair Darling recalls in his memoirs.

The Darling version: King and Balls savaged by ex-chancellor

Alistair Darling confirms that Gordon Brown tried to prise him out of the Treasury in 2009 to put Ed Balls in his place

Ben Chu: There are worse crimes than exasperating the Treasury

Can the Governor be exasperating? Certainly. Worse, he can also be wrong

Business Diary: BofA says don't buy the rumour

The poor saps running the crisis-hit Bank of America are so fed up with the gossip doing the rounds about their problems that they've taken to sending memos to their own staff to deny the rumours. "Some blogs are speculating about rumours of merger talks with JP Morgan Chase, which are baseless and don't even make practical sense," the bank has told them. As for the idea that it's about to raise tens of billions of dollars from investors to bolster its funding, that's "just wrong".

Business Diary: Apprentice master has much to learn

It's a good job this isn't a task,given how angry the fearsome Lord Sugar gets when contestants on The Apprentice lose him money. What then to make of his latest tweet? "Bank shares seem too low: I bought Lloyds, RBS, Barclays on Friday," he tells his loyal followers. Since then, almost inevitably, the shares in question have fallen further. Still, we're sure Lord Sugar is in for the long haul and to be fair, he does warn followers that he's not an expert and that they should take advice before copying his lead.

Vickers now expected to take tough line on banks

Sir John Vickers, chairman of the Independent Commission on Banking (ICB), is reportedly ready to defy the big banks and impose tougher than expected "ring fencing" of their retail and investment banking activities when he presents his report on 12 September.

Sean O'Grady: No wonder the Bank of England Governor is feeling grumpy

Economic Life: The opportunity to forge a new deal in the eurozone and a 'New Bretton Woods' came and went during what we thought was the recovery

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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