More than half the cost of George Osborne's cuts to corporation tax could eventually be clawed back by the Treasury as a result of the extra jobs, growth and investment that they stimulate, the Chancellor is claiming.
The government has unveiled its infrastructure spending plan for the next two decades, describing it as "a blueprint for Britain".
HP will axe more than 1,100 jobs in the UK next year as part of international cost-cutting designed to address its waning power. The American technology giant said more than 600 jobs will be cut from its offices in the south of England.
Problems in South Korea and weaker global markets have forced Standard Chartered to warn that its ten-year growth spurt will end this year.
THE impact of chief executive Philip Clarke's attempted �1 billion turnaround of the UK's largest supermarket chain Tesco remains in doubt after it reported a fresh dip in sales.