LONDON (Reuters) - European stocks hit 2 1/2-week highs and the euro rallied from eight-month lows against the dollar on Thursday after the region's private sector expanded at its fastest rate in three months in July.
The weight of the financial problems at Unipart Automotive forces administrators to close the car parts business. 12:58pm UK, Thursday 24 July 2014.
LONDON (Reuters) - British retail sales rose between April and June at the fastest pace for a calendar quarter in 10 years despite stagnating last month, bolstering expectations that the economy has sustained its swift pace of recovery.
Following storms last Christmas, Ofgem is increasing the cap on compensation for people who are left without power. Photograph: Matt Cardy/Getty Images.
EasyJet has forecast a rise in profits of between 14% and 19% this year despite disruption caused by political tension in Israel and Russia.