EVER since the onset of recession, we've heard near constant clamour for the need to �rebalance� the economy towards trade rather than consumption.

The US Federal Reserve heralded the beginning of the end for its third round of quantitative easing as Ben Bernanke said it could slow the $85bn-a-month pace of asset purchases �in the next few meetings� if the labour market is strong.

Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.

Cable & Wireless Communications, the telecoms group that traces its history back to the early days of the British empire, is to leave the UK after more than 140 years and move its headquarters across the Atlantic.

An energy company has told customers they will have to find another �80 a year for energy - despite a surge in their profits of nearly 28%.

The pound slammed into reverse on Wednesday as a sharp fall in high street sales dented hopes Britain is on the road to a steady recovery.

The Committee on Climate Change acknowledged that paying for �green� energy may be costly in the short term but it will actually save the country up to �100 billion in the long run.

There were 55 beaches deemed to have a water quality good enough to be given a flag this year, compared to 79 last year. For 2013, beaches had to meet a new �excellent� standard imposed by the EU under the EU Bathing Waters Directive.

The new boss charged with turning around Britvic has wasted no time wielding the axe at the drinks maker. Simon Litherland, who took over from predecessor Paul Moody 12 weeks ago, announced plans to shut two factories, a warehouse, ditch some of its ...

THE renewables industry often talks about Scotland's marine energy sector as �world-leading� and it is announcements like this from Aquamarine Power that help prove the point.