BERLIN - European aerospace giant EADS, the maker of Airbus aircraft, announced plans Monday to cut 5,800 jobs in its defence and space division over three years.
Lloyds Banking Group Plc (LLOY), Britain's largest mortgage lender, is selling its stake in St. James's Place Plc (STJ) for about 701 million pounds ($1.2 billion) as it focuses on its main retail and commercial businesses.
George Osborne's claim that household disposable incomes are higher than at the start of the financial crisis is �inconceivable�, according to the Government's fiscal watchdog.
First Minister Alex Salmond has been urged to make public any research the Scottish Government has carried out on the impact independence would have on the cost of people's weekly shopping bills.
Mark Carney said on Monday that he favours initially using tools other than interest rates to help control the UK's economic recovery and to prevent the housing market rapidly moving from �stall speed to warp speed�.