Bank of England Governor Mark Carney pushed his message that there's no rush to increase U.K. interest rates, saying there may be more slack in the economy than the central bank's calculations show.
The UK's biggest sports retailer Sports Direct plans to give founder Mike Ashley a share award worth about �65m. The firm will propose that Newcastle United owner Mr Ashley be granted eight million ordinary shares.
High street banks may be hindering small and medium enterprises from accessing finance from alternative providers and forcing them to take out business accounts to get a loan, the Office of Fair Trading has warned.
The European Central Bank is set to probe �3.7tn worth of assets from the largest lenders in the eurozone as it embarks on a fresh phase of its asset quality review that will seek to shine a light into the murkier areas of banks' balance sheets.
The 57pc jump in Foxtons' profits has mirrored the continued rise in the Capital's property prices, as foreign investors snap up Central London pads and families trade up to larger homes in the commuter zones.