Qatar Airways has emerged as the owner of a 10% stake in International Airlines Group, the owner of British Airways and Iberia. The Gulf airline is already a member of the Oneworld alliance.
Labour has seized on the IFS figures as evidence that Britain was trapped in a 'cost of living crisis'. Photograph: Oli Scarff/Getty Images.
U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring challenges to an economic liftoff as troubles mount abroad.
Banks have cheered Britain's financial watchdog for announcing it will consider introducing a time limit for complaints about the mis-selling of payment protection insurance - a scandal that has cost the industry more than �24bn.
Accounting firm Deloitte, which was fined �14m over its role in the sale of collapsed carmaker MG Rover, has had a series of misconduct rulings overturned.