George Osborne hopes to raise �3bn by selling another chunk of the government's stake in Lloyds Banking Group in a move that will test investor appetite for shares in the part-nationalised bank.
Wage growth in the UK is picking up, figures from the Office for National Statistics (ONS) indicate. In the August-to-October period, average earnings excluding bonuses were up 1.6% from a year earlier.
Federal Reserve officials took a delicate step toward raising short-term interest rates in 2015, introducing language into their policy statement that asserted they would be patient about moving away from near-zero short-term interest rates.
Prices paid by American consumers dropped in November by the most in almost six years, providing a boost to buying power that will propel economic growth.
The Nats control centre in Swanwick, Hampshire. An independent inquiry will be established following an unprecedented systems failure there.