The UK Cards Association has announced the limit for a single payment will go up to �30 from �20 in a bid to broaden the appeal of tap-and-go technology.
Global markets fell on Tuesday after twin gauges of China's economic health both gave dismal readings on Tuesday, renewing fears about slow growth in the world's second largest economy.
UK factories struggled in August as the strength of sterling and sluggish foreign demand continued to weigh on the manufacturing sector.
International Monetary Fund (IMF) managing director Christine Lagarde speaks at a public lecture at the University of Indonesia in Jakarta, Indonesia.
LONDON— Whirlpool Corp. WHR -0.23 % has approached AGA Rangemaster Group AGA 11.60 % PLC, the iconic British maker of cast-iron ovens, over a possible cash bid, turning up the heat on Middleby Corp.