Lord Turner

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Under the Paris agreement, all governments that have ratified the accord – which includes the US, China, India and the EU – now carry an obligation to hold global warming to no more than 2 degrees above pre-industrial levels. Photograph: John Giles/PA Wire

The Paris agreement on climate change enters into force on Friday, marking the first time that governments have agreed legally binding limits to globa(...)

Best buys: deposit rates

Negativity is taking hold in Europe. No, not the mood (although that could be true also) but rather interest rates. Last month, for example, Bloomberg(...)

French economist and academic Thomas Piketty, poses in his book-lined office at the French School for Advanced Studies in the Social Sciences  in Paris. Photograph: Charles Platiau/Reuters

Thomas Piketty, the French economist who wrote a best-selling book on inequality, has defended his work against criticism by the Financial Times of sh(...)