A leading figure in the UK's oil industry, Sir Ian Wood, has told the BBC warnings the industry is close to collapse are "well over the top and far too dramatic".
UK retail sales volumes last month showed their biggest year-on-year rise since May 2004, boosted by the Black Friday shopping frenzy adopted from the US, official figures have shown.
Stamp duty changes are expected to see wealthy areas of London hit by stalling price growth, while other regions will benefit. 08:55, UK, Friday 19 December 2014.
Apple had promised to improve working conditions in its suppliers' factories. Photograph: Mark Lennihan/AP. Agence France-Presse.
The Alexa Shopping Center in Berlin. Recent economic indicators suggest Germany is emerging from a period of weakness Getty Images.