LONDON (Reuters) - British Chancellor George Osborne is set to announce a turning point in his battle to fix the country's public finances on Thursday, but falling living standards mean he cannot declare victory.
Computer maker Hewlett-Packard (HP) is poised to axe more than 1,100 jobs in the UK as part of plans to lay off 27,000 employees around the world.
Subsidies for onshore wind farm and solar energy projects that have provoked controversy in many rural constituencies are to be cut, the Government announced today.
The government has unveiled its infrastructure spending plan for the next two decades, describing it as "a blueprint for Britain".
Problems in South Korea and weaker global markets have forced Standard Chartered to warn that its ten-year growth spurt will end this year.