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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Minoan Crete and Santorini
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Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine