The borough of Copeland in north-west England is the last "affordable" area left in Britain, where the average house price is less than three times the average annual salary.
One of the chain's biggest backers cuts its stake by half as a new chief executive begins work on another turnaround plan. 8:10am UK, Monday 01 September 2014.
The sterling exchange rate is strong at the moment, leading to concerns about exports. Photograph: Andalucia Plus Image bank / Alam/Alamy.
MADRID (Reuters) - Spain's Caixabank (CABK.MC) said on Monday that its acquisition of Barclays' (BARC.L) retail and corporate banking operations in the country would bring around 150 million euros (118.45 million pounds) in gross cost savings by 2016.
BEIJING (Reuters) - Growth in China's vast factory sector cooled in August as foreign and domestic demand slowed, two surveys showed on Monday, spurring new calls for more policy easing to prevent the economy from stumbling once more.