AN independent Scotland in its first year would have faced a �6.4bn "gaping chasm" in its finances, the Treasury has calculated based on the slump in the oil price.
A former trader from the Royal Bank of Scotland has been arrested by the UK's Serious Fraud Office in its criminal investigation into whether individuals rigged the $5.3tn-a-day foreign-exchange market, in a fresh acceleration of the worldwide probe.
UK retail sales grew at their fastest year-on-year pace for more than a quarter-century in the two weeks to December 11, with the Black Friday shopping extravaganza adopted from the US playing a major part, a survey has revealed.
NEW YORK (Reuters) - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.
Apple executives lashed out at the BBC on Friday, saying they were �deeply offended� the UK broadcaster aired a documentary accusing the tech titan of backsliding on promises to improve working conditions throughout its Asian supply chain.