Families still have less money to spend than when David Cameron came to office in 2010, although average living standards have returned to pre-recession levels of seven years ago, a report shows.
Royal Bank of Scotland is axing four out of five jobs at its investment banking division in the coming years, as the government-owned bank looks to reduce its presence to 13 countries from 38 countries at present.
U.S. Federal Reserve Chair Janet Yellen testifies before a House Financial Services Committee hearing to receive the semi-annual report on Monetary Policy and State of the Economy, on Capitol Hill in Washington February 25, 2015.
UK official data show that almost 41,000 London properties owned by foreign companies 90% are based in tax havens such as the British Virgin Islands (BVI), which do not have to disclose ownership information.
The former group treasurer and head of tax at British high street retailer WM Morrison Supermarkets Plc has been sentenced to 12 months in jail for insider trading by an English court.