News

All-cash deal is the second largest in Google's history after the $12.5 billion acquisition of mobile phone maker Motorola in 2012

Figures offer fresh hope of end to recession

Hopes that the UK pulled out of recession in the final quarter of 2009 were fuelled today after survey figures revealed an eighth month of growth in the key services sector during December.

MPC unanimous against printing more money

Bank of England policy committee agrees to keep interest rates at record low

Weak service sector puts recovery in doubt

Banks are still reluctant to lend to service sector

Mixed signals make Bank's decision tricky

Strong evidence of recovery in the service sector emerged yesterday, as the Bank of England's Monetary Policy Committee prepared to make its announcement, at noon today, about an extension of its quantitative easing strategy of injecting money into the economy.

Prophets of doom see new bubbles

Two of the world's most influential investment gurus warned yesterday that financial markets were turning into "bubbles".

Daniel Howden: Victory demonstrates that Greek politics is stagnant

When a party leader with every possible advantage staggers to victory at the third time of asking, trailing two election defeats in his wake, it's clear that politics have stagnated in Greece. George Papandreou has finally succeeded in following his father and grandfather in becoming prime minister but it's an empty victory that will be met with little enthusiasm.

Recovery hopes raised as service sector soars to a two-year high

Activity in the services sector rose to a two-year high in August, giving a boost to optimistic forecasts for the UK's recovery from recession.

British recession is finally over, accountants claim

Latest surveys predict the return of growth but warn that recovery is fragile

Hopeful signs of a return to growth

Surveyors say property prices will end 2009 higher

Services sector stalls

The fragile state of the UK's economic recovery was shown today after it emerged recent progress in the services sector stalled during June.

Phlip Hensher: Students who think they can do no wrong

The student was in his third semester at university. He hadn't turned up to half the seminars he was supposed to and I hadn't seen his face more than once or twice at the compulsory lectures. Now he had made an outraged appointment to see me to ask why I'd given his end-of-module assignment a third.

Blanchflower calls for new fiscal stimulus to combat unemployment

David Blanchflower, the Monetary Policy Committee member who was the first to warn of the risk of a serious recession in the UK, last night warned that the current policy response, including the Bank of England's plans for "quantitative easing", might not be sufficient to achieve a recovery.

Service sector cuts jobs at record pace in January

The UK's service sector shed jobs at a record pace last month, adding to expectations of another hefty interest-rate cut from the Bank of England today.

Fed December minutes signalled recession and deflation fears

The threat of recession and the spectre of deflation haunted members of the Federal Reserve's interest rate-setting committee, according to the minutes of their historic December meeting.

England is Europe's most crowded country

England has become the most crowded major country in Europe, figures indicated today.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
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Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
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