Retirees turning their back on the housing market in the pursuit of ready cash to settle debts are paying the price in accommodation costs, the latest figures suggest.

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Retired renters increasingly stepping off the property ladder

More than 40% of retired renters are former property owners and pay £423 a month in rent on average

On the road to Paris: Tour leader Chris Froome finishing yesterday’s stage

Tour de France: Britain’s female cyclists can conquer the Alps too

They hope their Olympic successes can help them to catch up with the men’s sport

What the Sunday Papers Said

The team behind the £43bn High Speed 2 rail link wants new powers to borrow money in debt markets and hedge against the cost of rising commodity prices. HS2's commercial director, Beth West, is in talks with ministers over legislation to enshrine the new powers. She said raising debt would allow managers to "bring in financial discipline" instead of relying on the Government.

Legal & General goes for insider as FD to appease City watchdog

Legal & General has ended its year-long search for a new finance director, having had its original choice blocked by the City regulator.

Paragon seeks banking licence

Paragon, the buy-to-let mortgage provider, is applying for a banking licence in order to kickstart its consumer lending business.

Insurance high-flier Jackie Hunt joins Pru

Jackie Hunt quit Standard Life to join its rival Prudential yesterday, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

Jackie Hunt walks out on Standard Life to be Prudential UK chief

Jackie Hunt quit Standard Life to join rival Prudential today, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

New watchdogs launch inquiry into RBS IT fiasco

Bank could face big fines as it admits 'unacceptable' failure that blocked accounts

Pru faces revolt over bonuses after FSA rebuke

Pressure is mounting on Prudential to review its executive pay awards following an embarrassing reprimand from the Financial Services Authority last week.

Prudential boss Tidjane Thiam awarded £7.8m pay package days after watchdog censure

Prudential boss Tidjane Thiam was today handed a £7.8 million pay package by the insurer, just days after he received an embarrassing censure from the Financial Services Authority.

Prudential censured over failed bid for AIA

Prudential's Tidjane Thiam has become the first chief executive of a FTSE 100 company to be censured by the Financial Services Authority, for misconduct during the insurer's failed takeover of AIA in 2010.

Charming and personable: Tidjane Thiam

The man from the Pru: Brilliant or just lucky?

Tidjane Thiam was 'a dead man walking' after his $36bn bid for AIA foundered. But now he's the toast of the City

Surge in profit expected at Prudential

Prudential's boss, Tidjane Thiam, will this week move closer to reaching an ambitious set of targets that could eventually lead to a break-up of the 164-year-old insurer.

Ben Chu: The good banker has good timing

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Comedy and booze go together, says Walsh. The trouble is stopping at just the one. So when do the hangovers stop being funny?
From Edinburgh to Hollywood (via the Home Counties): 10 comedic talents blowing up big

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Hugh Montgomery profiles the faces to watch, from the sitcom star to the surrealist
'Hello. I have cancer': When comedian Tig Notaro discovered she had a tumour she decided the show must go on

Comedian Tig Notaro: 'Hello. I have cancer'

When Notaro discovered she had a tumour she decided the show must go on
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Our chef made his name cooking eggs, but he’s never stopped looking for new ways to serve them
The world wakes up to golf's female big hitters

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