Drug firms Pfizer and Flynn Pharma have been fined nearly �90m by the UK's competition watchdog for “unfair” pricing to the NHS after hiking up the cost of an anti-epilepsy drug by up to 2,600 per cent.
The shutdown of the Buzzard oilfield in the North Sea hit UK industrial production in October. Photograph: Sean Smith for the Guardian.
HSBC is considering launching an appeal against the EU after it was named among three banks that were fined a total of €485m (�413m) by Brussels for allegedly colluding to rig a key financial benchmark.
Union leaders are discussing a possible deal with Tata Steel which would keep the Port Talbot works and other UK plants open. Representatives from Community, Unite and the GMB are holding talks at the Port Talbot steelworks.
Annual growth in UK house prices accelerated for the first time in eight months in November, a lender's figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago.