UK chancellor George Osborne may be forced into raising taxes or imposing further austerity “with very little notice” if he is to meet his “inflexible” target to run a surplus every year from 2019-20 in “normal times”, the Institute for Fiscal Studies ...
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.
Analysts warn there is unlikely to be strong rally in oil prices for some time owing to global supply glut, weak demand. Middle East Online.
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.
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.