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.

Blair set to take another lucrative position

Tony Blair, the former prime minister, is about to add Zurich Financial Services to his lucrative list of consultancies, according to rumours in Davos.

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.

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Prices correct as of 21 November 2014
Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected