A plan to privatise the way the Ministry of Defence buys defence equipment has been scrapped, costing millions of pounds of taxpayers' money.
Output from Britain's heavy industries rose more than expected in October, fuelling hopes that the UK's economic recovery, which has so far been driven by consumer spending, is broadening.
The largest US banks were facing a new world order on Tuesday as regulators voted on the Volcker rule, which will make it harder for Wall Street to make risky gambles that could once again endanger the financial system.
Premier Inn owner Whitbread put the brakes on the expansion of the hotel chain today as it announced it would open 500 less rooms than expected in the current financial year.
Some energy companies have been accused of �getting away with green murder� for failing to pass on savings from a Government shake-up of levies.