Chancellor George Osborne will use Wednesday’s Budget to announce a clampdown on “taxpayer-funded subsidies” for higher earners living in social housing.
About a third of ScotRail’s trains are cancelled due to a lack of drivers willing to work on a Sunday.
The industry behind champagne production has been handed world heritage status by the United Nations’ cultural arm.
Top Chinese brokerages promise to spend at least $20bn on shares to halt the slide in the stock market, which has fallen sharply in recent weeks.
Prime Minister David Cameron says the Budget will include a package of measures to help people buy their own home and boost house building.
What does it take to restore an iconic aircraft?
Chancellor George Osborne is to announce the end of inheritance tax on family homes worth up to £1m in Wednesday’s Budget.
Jamie Galbraith has been working with Yannis Varoufakis for some time now on Greece, Greek problems and what really should be done. I think it would be fair to say that Galbraith and myself have very different views of the world and the economy. But he has a piece today […]
Sunday’s referendum is taking place against the background of a kind of financial warfare. If the idea is to terrorise the population, it has only half worked
When Times correspondent George Steer entered the city of Guernica in April 1937, what struck him were the incongruities. He noted precisely the bombing tactics “which may be of interest to students of the new military science”. But his report begins with a long paragraph describing the city’s ceremonial oak tree and its role in the Spanish feudal system.
Sitting in Athens this week, I began to understand how Steer felt. Sunday’s referendum took place under a kind of financial warfare not seen in the history of modern states. The Greek government was forced to close its banks after the European Central Bank, whose job is technically to keep them open, refused to do so. The never-taxed and never-registered broadcasters of Greece did the rest, spreading panic, and intensifying it where it had already taken hold.