George Osborne suffered a fresh blow to his austerity programme today as a spike in government borrowing in September made his borrowing targets for this year very difficult to meet.
Photo. �Cartels in the financial sector, whatever form they take, will not be tolerated,� said Joaqu�n Almunia, the European Commission's vice president in charge of competition policy.
LONDON (Reuters) - Gains in big oil companies and drugmaker Shire (SHP.L) lifted Britain's top equity index on Tuesday, which extended a rebound after falling to 15-month lows last week.
European rules to cap bankers' bonuses at twice fixed pay are �a retrograde step� that could add to difficulty in recruiting staff, according to the chairman of HSBC.
... * GDP grew 7.3 pct in third quarter from year earlier. * Factory output pick-up offset by slowing property sector. * Li says faced with complex external environment (Adds comment by Premier Li Keqiang).