Two energy giants have been forced to pay an extra �3.3 million over the prolonged power cuts that affected nearly one million homes following last Christmas's storms.
Euro-area manufacturing and services activity strengthened in July in a sign that a recovery in the 18-nation region is gathering pace.
The UK consumer's appetite for spending seems to be moderating, with official retail sales numbers showing only a modest rise in June.
The Bank of England would be risking a dangerous housing bubble and a return to recession if it left interest rates at an all-time low for too long, its governor said on Wednesday.
Shareholder pressure group Manifest is calling on Tesco to show restraint in the scale of the leaving package for chief executive Philip Clarke, who is being replaced on October 1. Manifest chief executive Sarah Wilson has taken issue with Clarke receiving ...