Spending rose 2.7% in January compared to the previous year with the high street doing better after a tough Christmas period. 02:36, UK, Monday 08 February 2016.
Transport Secretary Patrick McLoughlin will be grilled by MPs over the Government's delay in making a final decision over airport expansion in the south east.
Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the market and U.S. data signaled investors are split on the direction for prices.
Rolls-Royce shareholders are set to witness a cut in their dividend payouts for the first time in 25 years. The last time the company had resorted to such a move was way back in 1992, when UK had stepped into recession.
Gold miner Randgold Resources says last year was “one of the best in its history”, as it reported record-breaking production levels despite a slump in the price of the yellow metal that has bitten one fifth out of its profits.