BRUSSELS (Reuters) - Credit agency Standard & Poor's cut its triple-A rating of the European Union by one notch on Friday, saying it had concerns about how the bloc's budget was financed, a view EU leaders and other officials dismissed as misguided.
Marks and Spencer and Debenhams are among the stores to slash prices ahead of one of the busiest weekends for sales of the year. 1:05pm UK, Friday 20 December 2013.
Though the Christmas season will fade, the debts incurred during the period will linger until next summer, the Trades Union Congress (TUC) has claimed.
Energy supplier npower has agreed to pay �3.5million to its vulnerable customers after standards in the firm's sales processes were found to have been less than adequate.
WASHINGTON (Reuters) - The U.S. economy grew at its fastest pace in almost two years in the third quarter, the government said on Friday as it revised its estimates of business and consumer spending higher.