The G8 leaders have made some progress in the battle against tax avoidance - but there is still a long way to go. 8:14pm UK, Tuesday 18 June 2013.

Bill Grimsey, the former chief executive of the DIY chain Wickes and Iceland stores, has attacked the retail expert Mary Portas for giving "false hope" to Britain's high streets.

Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

Mark Carney, the governor-designate of the Bank of England, has made his first senior appointment, recruiting Charlotte Hogg, daughter of titans of the British establishment, as the central bank's first chief operating officer.

A call centre made famous by a BBC reality TV series has been fined �225,000 for harassing families with nuisance calls. The BBC has portrayed the company's millionaire boss 'Big Nev' Wilshire as a lovable rogue, a consumer champion and even a hero.