Europe edged closer towards the deflation abyss on Friday as the inflation rate across the single-currency bloc fell to a five-year low of just 0.3 per cent.
London's property market stagnated for a second month in August as buyers became reluctant to accept high asking prices amid the prospect of increasing borrowing costs, Hometrack Ltd.
... * UK consumer confidence rises in Aug, matches 9-year high. * House prices surge 0.8 pct on the month - Nationwide. * But Hometrack survey shows growth of just 0.1 percent.
Malaysia Airlines is to cut 6,000 staff as part of recovery plan after being hit by two disasters this year. The reduction in staff numbers represents around 30% of its workforce of 20,000.
Average bonuses for bankers and others in financial services rose at double the rate for the UK's overall workforce over the past year, official data show.