G4S will repay almost �109m to the UK Ministry of Justice after it overcharged taxpayers on its contract for the electronic tagging of offenders.
... Print. * Raises demand growth for 2nd month, cites developed economies. * Says events in Ukraine have added to growth risk.
Fundamental reform of the minimum wage is needed to keep the system that was introduced 15 years ago up to speed with the changing world of work, according to one of the policy's key architects.
Billionaire investor George Soros has said he does not think it would be possible for an independent Scotland to keep the pound. Mr Soros said a separate currency would be "potentially dangerous" and suggested Scotland joined the eurozone.
... Print. * FTSE 100 down 0.7 pct, around 1-month low. * G4S sinks; agrees settlement with British government. * Ex-dividends take around 20 points off index.