AN independent Scotland in its first year would have faced a �6.4bn "gaping chasm" in its finances, the Treasury has calculated based on the slump in the oil price.
British shares enjoyed their best week for three years after the US Federal Reserve's promise to take a �patient� approach to interest rate rises sparked a global rally that helped the London stock market stage a recovery from its recent rout.
UK retail sales grew at their fastest year-on-year pace for more than a quarter-century in the two weeks to December 11, with the Black Friday shopping extravaganza adopted from the US playing a major part, a survey has revealed.
NEW YORK (Reuters) - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.
Apple CEO Tim Cook has labelled claims his company forces Chinese workers on its iPhone and iPad assembly lines to work exhaustive overtime shifts as deeply offensive.