News

The Bank of England’s flagship policy of forward guidance on interest rates will “evolve” next month, Mark Carney said yesterday, as he sought again to dampen expectations of an imminent rate rise.

A triumph of business and lunch

Davos - Competitiveness, the network society, monetary union, blah, blah, flexible labour markets, the pensions timebomb, currency stability, blah, blah, cybermoney, globalisation, blah, blah, deepening financial crisis, blah, blah, the yen-dollar exchange rate, systemic financial risk, blah, blah, blah, yawn.

Soros offers to pay Europe's new way

Billionaire currency speculator and philanthropist George Soros is preparing to put a considerable part of his fortune into promoting a "Congress of Europe" to bring about political reform in the European Union.

When Soros debunks capitalism, you know a sea-change is on the way

A grand ceremony took place in Bonn last week. Chancellor Helmut Kohl paid his respects to the memory of Ludwig Erhard, born 100 years ago. Erhard was briefly Chancellor in the 1960s. But he is revered for the years before that, when he served as Minister of Economics and was worshipped as the father of the West German "Economic Miracle" - the Wirtschaftswunder.

Why necessity is the mother of innovation

INSIDE BUSINESS

Two top international forecasters have reached widely differing views of Britain's competitiveness. How come?

Britain has jumped three places higher in the world competitiveness league, pulling ahead of all other EU countries except Denmark, according to a report published today.

When Swiss analysis goes completely cuckoo

Well, there's a thing. The two Swiss organisations which used jointly to produce the only serious attempt to rank countries by their competitiveness have this year gone their own separate ways. And yes, they have come up with startlingly different findings. With the benefit of hindsight, the World Economic Forum's divorce from the Institute for International Management Development was perhaps inevitable for the two seem to have radically different views of what matters in economic success.

Yeltsin tries to outshine Red star of Davos

PHIL REEVES

'Clean hands' candidate looks likely to be Poland's next PM

The governing coalition partners in Poland yesterday put forward a former Communist, Wlodzimierz Cimoszewicz, for the post of prime minister following the resignation of Jozef Oleksy over allegations that he had spied for the KGB.

Britain sinks to 18th place on competitiveness table

Economy: Report highlights deteriorating skills performance, education and attitudes to work

Heseltine hits at Eurosceptics

CABINET divisions over Europe were exposed again last night as Michael Heseltine, President of the Board of Trade, fired a warning shot against the Euro-sceptics. Mr Heseltine, a prominent pro-European, warned colleagues not to "wrap themselves in the flag", and hinted that concessions might have to be made in the 1996 inter-governmental conference.

Stuck on the slow track to Europe

Britain's uncoordinated, underfunded approach to transport policy is ba d for business

OUTLOOK : British miss their place at the Kazakh dinner

By any standards this was a bizarre dinner party. The hosts were the President, finance and energy ministers of Kazakhstan, the venue a slightly down-at-heel three-star hotel in the Swiss ski resort of Davos. The dinner was part of the World Econo mic Forum, Europe's primary "networking" conference for business, political and academic leaders.

MARKET REPORT : Lloyds Abbey Life saga revisited

The FT-SE 100 index closed 4.3 points lower at 2,991.6, and the supporting FT-SE 250 index lost 11.9 to close at 3,370.4. Volume was 558.4 million shares with 18,083 bargains. Government stocks were firm.

The most powerful circuit in the world

Rulers, thinkers and financiers have spent the weekend at a Swiss ski r esort. Their ruminations will shape our lives

Conferences with kudos: a guide

Paul Vallely reveals what is on offer at the top international gatherin gs
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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there