It's savers who suffer

The Bank of England still shows no sign of raising interest rates, despite dreadful inflation figures.

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Shekel shows power

Whilst the UK's economy has stuttered and stumbled its way out of recession, Israel has enjoyed an entirely different experience.

The Israeli economy is buoyant, with a GDP forecast of 5.2 per cent for this year and unemployment at a record low. Exports are also looking robust despite the strength of the shekel.

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Injustice to banking

One of the least understood and most damaging aspects of the financial crisis is the way International Financial Reporting Standards (IFRS) mislead UK and Irish banks and their stakeholders about their true financial positions.

These accounting standards have contributed enormously to the severity of the financial crisis in both countries, and, until they are reformed, pose a lethal threat to a

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The cost of old age

Fantastic news.

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2012 could be a real money spinner

These are exciting times for the many of us who have applied for tickets for next year's London Olympic Games as we wait to see for which events we have been successful and, perhaps more importantly, how much of an impact our enthusiasm to witness this unique occasion is going to have on our bank balances.

As we do so, we could be forgiven for asking ourselves whether, at a time of substantial

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Thank you, Royals

The Royal Wedding, the capture and death of the world's most wanted terrorist, continuing fighting in the Middle East and the fall in commodity prices - and we are not even half way through the year.

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The poor old pound

In the past quarter, the pound had been on a steady decline against a basket of major currencies.

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Looking up in London

There is a word (but not necessarily the only word)that I would use to describe the current property market: patchy. The London market has recovered pretty well in the past year or so in terms of both value and demand, particularly in the West End. The City isn't quite so good and out of Central London, well, don't ask.

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It's a long road back

There was palpable sense of relief that the official figures for gross domestic product (GDP) for the first quarter of the year did not show the UK as still being in recession.

However, with the economy growing by only 0.5 per cent during the period, they were not exactly a great cause for celebration either. If nothing else, it appears that the road to recovery is likely to be a long one.

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Finally, good news

The Government may at last be getting to grips with proper state pension reform.

For years, ministers have tinkered with our state pension system, constantly adding to its complexity, while failing to address the fundamental problems.

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