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.

Niall Fitzgerald favourite to take over chair of BP

Niall Fitzgerald, the deputy chairman of Thomson Reuters, has emerged as one of the favourites to succeed Peter Sutherland as chairman of BP when he steps down in April.

Double the fun on magic mountain

This season, Switzerland’s two stellar ski resorts, Davos and Klosters, have joined forces. All the better for quiet Klosters, says Adrian Mourby

Hamish McRae: Gliding away from the economic gloom

Davos has just had its week in the headlines, as even the most desultory consumer of news must have appreciated. But now the annual razzmatazz of the World Economic Forum is over; the captains and the kings – or at least the moguls and the prime ministers – have departed, and Davos is back to skiing.

Tibet protesters clash with police as Chinese PM arrives in Britain

Five demonstrators were arrested during scuffles with police outside the Chinese embassy in London yesterday as they called for freedom for Tibet. It was one of several protests planned during the visit of China's Prime Minister Wen Jiabao, who arrived in London on Saturday as part of a European tour aimed at improving trade between Europe and China and finding a way out of the global financial crisis.

Davos: The real story

It's all about freeloading fatcats and nothing constructive ever gets done. Right? Not quite. David Randall reveals the unexpected truth about the World Economic Forum

Fair oil price would be twice as high, Opec says

A "fair price" for oil is between $60 and $80 a barrel, the secretary general of Opec, Abdullah al-Badri, told participants at the World Economic Forum yesterday, up to twice as high as the current price in the market.

Economic summit: When Davos freezes over...

It is usually an opportunity for the rich and the powerful to pat each other on the back. Not this year, reports Sean O'Grady

Credit crisis diary: Lambert puts hisfoot in his mouth

Much mirth at the Treasury Select Committee hearings yesterday where Richard Lambert decided to lambast financiers who claimed to be able to "make gold out of stone or whatever it is... er... alchemy". "That's a bit unfortunate," pointed out the MP Sally Keeble. The CBI chief was sitting next to Jon Moulton, über-financier at Alchemy Partners.

Katy Guest: Put women in power, and save the nation a packet

It has been a difficult week for women who would like, in the face of all the odds, to remain optimistic about modern life in Britain. Our national treasures are becoming more lumpen – witness John Sergeant galumphing around a ballroom as Strictly Come Dancing sheds yet more of its talented women contestants, while images of David Beckham with nothing on are quietly withdrawn from circulation owing to some unforeseen consequence of the credit crunch. Meanwhile, the financial crisis is making gin and tonics more expensive. And it's November. So we really needed a report from the World Economic Forum to let us know that living as a woman in Britain at the moment is hardly a barrel of laughs.

<a href="http://blogs.independent.co.uk/independent/2008/11/keen-on-new-m-5.html">Keen on New Media: In defence of top-down leadership</a>

Klaus Schwab, the founder and Executive Chairman of the World Economic Forum, believes that our 20th century global institutions are out-of-sync with today's 21st century political and economic challenges.

Hands predicts step change as SWFs move in on banks' traditional markets

The credit crunch which has paralysed the buyout industry will create aftershocks in the financial markets on the scale of London's Big Bang in the 1980s, the British financier Guy Hands suggested yesterday.

A victim of Karzai's diplomatic game

The confirmation of the death sentence against Sayed Pervez Kambaksh by an ally of President Hamid Karzai, is no accident.

Little enthusiasm for Brown's plan to revamp IMF

The Prime Minister's proposal to give the International Monetary Fund (IMF) a primary role as an "early warning system" for the financial markets faces strong opposition from European and US regulators, it emerged at the weekend.

Davos Diary: The schmooze of the world

Extreme brainpower meets extraordinary wealth at the annual World Economic Forum. Sean O'Grady reports from the plutocrats' playground
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Ben Little, right, is a Labour supporter while Jonathan Rogers supports the Green Party
general election 2015
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The 91st Hakone Ekiden Qualifier at Showa Kinen Park, Tokyo, 2014
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Buyers of secondhand cars are searching out shades last seen in cop show ‘The Sweeney’
motoringFlares and flounce are back on catwalks but a revival in ’70s car paintjobs was a stack-heeled step too far – until now
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Kim Wilde began gardening in the 1990s when she moved to the countryside
peopleThe singer is leading an appeal for the charity Thrive, which uses the therapy of horticulture
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Alexis Sanchez celebrates scoring a second for Arsenal against Reading
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An easy-peel potato; Dave Hax has come up with an ingenious method in food preparation
voicesDave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
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Japan's population is projected to fall dramatically in the next 50 years (Wikimedia)
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Prices correct as of 17 April 2015
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
John Harrison's 'longitude' clock sets new record - 300 years on

‘Longitude’ clock sets new record - 300 years on

Greenwich horologists celebrate as it keeps to within a second of real time over a 100-day test
Fears in the US of being outgunned in the vital propaganda wars by Russia, China - and even Isis - have prompted a rethink on overseas broadcasters

Let the propaganda wars begin - again

'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
Why Japan's incredible long-distance runners will never win the London Marathon

Japan's incredible long-distance runners

Every year, Japanese long-distance runners post some of the world's fastest times – yet, come next weekend, not a single elite competitor from the country will be at the London Marathon
Why does Tom Drury remain the greatest writer you've never heard of?

Tom Drury: The quiet American

His debut was considered one of the finest novels of the past 50 years, and he is every bit the equal of his contemporaries, Jonathan Franzen, Dave Eggers and David Foster Wallace
You should judge a person by how they peel a potato

You should judge a person by how they peel a potato

Dave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
Bill Granger recipes: Our chef's dishes highlight the delicate essence of fresh cheeses

Bill Granger cooks with fresh cheeses

More delicate on the palate, milder, fresh cheeses can also be kinder to the waistline
Aston Villa vs Liverpool: 'This FA Cup run has been wonderful,' says veteran Shay Given

Shay Given: 'This FA Cup run has been wonderful'

The Villa keeper has been overlooked for a long time and has unhappy memories of the national stadium – but he is savouring his chance to play at Wembley
Timeless drama of Championship race in league of its own - Michael Calvin

Michael Calvin's Last Word

Timeless drama of Championship race in league of its own