Britain is on course to post its strongest annual growth since 2007 according to official data - though the same figures showed the recovery is badly out of kilter, with the UK's trade deficit ballooning to its highest level in almost 25 years.
Npower has sold 770,000 customer accounts to Telecom Plus trading as utility Warehouse in a �218 million deal that creates a seventh big energy company.
The European Union has lost its AAA credit rating after the Standard and Poor ratings agency warned that David Cameron's referendum promise and increased squabbling over Brussels spending raised doubts over its future.
EY is to pay a fine and costs of almost �1.2m after being sanctioned by the UK's top accounting watchdog in relation to the 2006 collapse of Christmas savings club company Farepak.
Britain's all-weather racing programme is on the verge of a revolution following news that a syndicate headed by Fred Done, the owner of Betfred, has purchased the highly regarded but unused Great Leighs track in Essex and is to apply for fixtures for 2015.