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.

Juniper steps down with attack on Brown

Gordon Brown's leadership on environmental issues is flawed, according to Tony Juniper, who is stepping down as director of Friends of the Earth (FoE).

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.

Big business says addressing climate change 'rates very low on agenda'

Poll of 500 major firms reveals that only one in 10 regard global warming as a priority

Jeremy Warner's View from Davos: US right to be wary of SWFs

Recession good; British lunch; SocGen misery

Last chance for Doha accord before US poll

Trade ministers from several key nations will meet during the World Economic Forum in Davos today. Although the gathering of 25 ministers from powers such as the United States, the UK, India, Brazil, Egypt, Norway and Canada is informal, they will be joined by the head of the World Trade Organisation, Pascal Lamy, and the European trade commissioner, Peter Mandelson.

Market uncertainty casts chill over forum's opening sessions

The gloom and uncertainty pervading the world's financial markets was fully reflected in the sombre, nervous mood during the opening sessions of the World Economic Forum in Davos. For the first time since its post-9/11 meeting in 2002, the bears are in the ascendant.

Davos: Wealth, power and a sprinkling of stardust

The World Economic Forum gathers in a small town in Switzerland tomorrow. Who will be there, and what's at stake? By Sean O'Grady

PM sets out vision for life after Bush

Gordon Brown is preparing the world for "life after Bush" by seeking an outline agreement this year on major reforms to international bodies and eventual moves to dismantle nuclear weapons.

Pakistani elections must be fair, Solana warns Musharraf

The European Union has linked future co-operation with Pakistan to the holding of "free, fair and secure" parliamentary elections, as President Pervez Musharraf embarked on a European tour to shore up support for the polls on 18 February following the assassination of Benazir Bhutto.

Founder of bottled water company honoured for work in Third World

The founder of Belu Water, a bottled water company that donates all of its profits to global clean water projects, has won The Independent's Social Entrepreneur of the Year award.

Sussex 218 &amp; 166 Lancashire 317 &amp; 69-1 <i>(Lancashire win by 9 wickets)</i>: Mahmood helps Lancashire to two-day victory

Just as England invariably believe they can win the football World Cup, Lancashire almost always think they can win cricket's County Championship, even though they have not done so in their own right since 1934.

Outlook: G7 divided as ever

GORDON BROWN is a politician, so he's bound to put the most positive gloss he can on international reaction to his various initiatives on African poverty. There he was at the World Economic Forum in Davos a week ago claiming that Germany and France had swung full square behind his international finance facility (IFF) for the doubling of aid to Africa. The G7 meeting in London last weekend was meanwhile hailed by the Chancellor as another breakthrough that would go down in history as the "100 per cent debt write-off summit".

Blair's doodles show that he is 'struggling to keep control of confusing world'

He is full of nervous energy but likes to keep things firmly in their own compartments and, while aiming high, is struggling to maintain control in a confusing world full of major problems. And he is not a natural leader, but more of a spiritual person, like a vicar.

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