LONDON Chancellor George Osborne's ambition to run a budget surplus by the end of the decade could easily be frustrated by disappointing tax revenues, the Institute for Fiscal Studies said on Monday.
Transport Secretary Patrick McLoughlin will be grilled by MPs over the Government's delay in making a final decision over airport expansion in the south east.
LONDON British consumer spending grew at its fastest rate in 8 months in January, helped by a rebound in clothing and footwear sales, figures from payment card company Visa Europe showed on Monday.
LONDON Crude oil prices eased in thin trade on Monday as a meeting between OPEC producers Saudi Arabia and Venezuela showed little indication that steps would be taken to boost prices.
Credit Suisse chief executive officer Tidjane Thiam has asked the bank's board to cut his 2015 bonus by between 25pc and 50pc, the Financial Times reported on Monday, after the bank posted a 2.94bn Swiss franc ($2.96bn) loss last year.