Crude oil has risen above $50 (U.S.) a barrel on two other occasions in 2016 - in June and October - but investors greeted this week's move above the threshold with particular euphoria.
State-owned Network Rail will be forced to hand control of Britain's train tracks to private operators in the biggest railways shake-up in decades.
The Bank of England should be wary of rushing into interest rate rises to curb inflation, according to its chief economist, in a warning that the UK economy is vulnerable to a sharper slowdown next year than forecasts would suggest.
RBS's conduct chief is to leave the bank as it agrees settlements with investors over its 2008 rights issue, Sky News learns. 20:47, UK, Friday 02 December 2016.
Britain's oldest manufacturing business, a London bell foundry that made Big Ben, could be sold after its owner decided to vacate its historic East End premises.