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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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee