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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.

Site sought for giant clock designed to last 10,000 years

AN AMBITIOUS plan to build a giant clock designed to run for 10,000 years in a remote desert will be presented to international politicians when they meet at the World Economic Forum in Davos, Switzerland, at the end of the month.

Artists seek site for clock that will keep time for 10,000 years

AN AMBITIOUS plan to build a giant clock designed to run for 10,000 years in a remote desert will be presented to international politicians when they meet at the World Economic Forum in Davos, Switzerland, at the end of the month.

Podium: The Devil is making a take-over bid

From a speech by the president of the Conservation Foundation to the London Churches Conference on the Environment

The dizzy life of Davos man

Every year, on a magic Alpine mountain, the monarchs of capitalism assemble their courtiers and meet to plot all our futures. Is the world safe in their hands? Richard Sennett thinks not

UK leaps up world economic rankings

THE UK has leapt up the world economic league table in the past year, climbing to within a whisker of the United States, according to a controversial annual assessment.

Outlook: Are we really that competitive?

MANY ARE going to find it hard to take seriously a competitiveness league table which ranks the economies of Malaysia and Thailand above those of France, Germany, Spain and Italy. Did not the capital markets rather decisively vote these former tiger economies as rotten to the core in the Far Eastern meltdown of last year, or was that all just an aberration?

Breuer warns of euro crisis

Far East focus: as Asia rallies, new questions arise. Will China devalue? Is Europe safe? And can Japan afford the Olympics?

Letter: Bigoted musicians

Bigoted musicians

Lloyd Webber attacks `new fuhrers' of music politburo

Cellist Julian Lloyd Webber has attacked "40 years of madness" in which the Western music hierarchy created a "pernicious politburo" which all but destroyed classical music.

So you want to meet the men who run the world?

From Davos, Switzerland, Jeremy Warner reports on the business world's favourite summit

Clash of views on global economy kicks off world forum

Chief executives of the world's leading companies have rarely been so optimistic about prospects for their companies and economic growth, a conference of international business leaders was told yesterday.

Mahathir's anti-Jewish tirade branded `utter nonsense'

The Malaysian Prime Minister Mahathir Mohamad was yesterday accused of speaking "utter nonsense", stirring up embarrassment and damaging the local currency by suggesting that Jews were behind the country's financial woes. Stanley Roth, the US Assistant Secretary of State for East Asia, who is in Hong Kong for a conference organised by the World Economic Forum, said no one took seriously Mr Mahathir's accusation that speculative attacks on regional currencies were part of a Jewish "agenda". "Furthermore, I think it has hurt Malaysia [in] that we have seen a direct correlation between some of these outrageous allegations and the fall in the currency in Malaysia as well as the stock market."

Britain, the 'envy of Europe', races up the competitiveness league

Britain has leapt up the world competitiveness league as the privatisation and deregulation of the Conservative era finally pay dividends, according to a study published today.

Brown hits the ground not running but sprinting

Another day, another stonker of an initiative from Gordon Brown, our new Chancellor. The way things are going, anyone would think he was the Prime Minister, not Tony Blair. Mr Brown has hit the ground not so much running as sprinting, and while this latest piece of reform may lack the same seismic, long-term import of his previous announcement affecting the Bank of England, this is none the less big-league stuff.

UK slowly slips down economic league tables

The performance of the British economy is routinely accorded centre stage in any election campaign, but hardly ever do the protagonists land a knock-out punch. The complex nature of economics means that it is always possible for both sides to select variables, or time periods, which show that the other lot could not manage the proverbial celebration in a brewery, at least when compared to some foreign country, or to this country over some appropriate previous period. Sensible electors probably regard this as so much noise, and go about their daily business without further ado.
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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
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Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
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Autism-friendly theatre

Pantomime leads the pack in quest to welcome all