Labour has seized on the IFS figures as evidence that Britain was trapped in a 'cost of living crisis'. Photograph: Oli Scarff/Getty Images.
America's recovery slowed in the fourth quarter as sluggish investment and headwinds from overseas offset a rapid acceleration in consumer spending.
Pictures that caught our eyes and made news during the past week in India. Slideshow · Photos of the week · Inside Kobani · Grieving families of MH370 · In the shadow of Syria's snipers · Drafted into Ukraine's war · � Click here for more slideshows.
Mortgage approvals have risen for the first time in six months on the back of cheap deals and changes to the unpopular stamp duty system.
LONDON/BERLIN, Jan 30 (Reuters) - Qatar Airways has bought a stake worth about 1.15 billion pounds ($1.7 billion) in the owner of British Airways and Iberia, aiming to forge closer links to a group with two major European hubs and strong transatlantic ...