Britain's recovery is more fragile than previously thought, official data showed on Tuesday, as statisticians revised down growth for most of last year and revealed that the UK's current account deficit is now at its joint-widest on record.
FILE - In this Dec. 18, 2014 file photo, gas is pumped into a car at the Eastcoast filling station in Pennsauken N.J. In the second half of 2014, the price of oil dropped by half, to depths not seen since May of 2009 when the U.S.
RBS is witholding bonuses from 18 members of staff while it investigates their involvement in the foreign exchange rate rigging scandal.
Bank of Japan chief Haruhiko Kuroda called on Japan Inc. to deploy its cash and invest more on facilities and workers, saying �the rule book for business will be rewritten� as the economy emerges from deflation.
Investors in replacement hip and knee firm Smith & Nephew got an early Christmas present today as the blue chip firm's shares jumped on revived speculation that US rival Stryker is planning a takeover bid.