George Osborne announced austerity plans for the UK when he took over at the Treasury in 2010. Photograph: Matt Cardy/AFP/Getty Images.
PHOENIX Group said it was hungry for more deals after agreeing to buy French giant Axa's UK investment, pensions and insurance businesses, including SunLife for �375million.
London-listed miner Anglo American has appointed Bruce Cleaver to head its De Beers diamond business amid a restructuring in the wake of a commodity slump.
Under intense questioning from the committee, Vincent de Rivaz, EDF CEO said that 'Hinkley is ready' throughout the session but refused point blank to give an exact date that the final investment decision would be taken by the EDF board.
World Trade Organization chief Roberto Azevedo warned about the potential economic cost of a Brexit, stating that leaving the EU would cost UK consumers �9 billion in annual additional import tariffs.