BRITISH Chambers of Commerce has raised its UK growth projections for this year and 2014, but trimmed its forecast for expansion in 2015 because of an anticipated impact of high personal debt levels on consumer spending.
The bank agrees to pay $100m in the US after an investigation into alleged illegal transactions with Iran, Sudan, Burma and Cuba. 11:40pm UK, Wednesday 11 December 2013.
MPs demand the Treasury sets up a co-ordinated action plan to tackle fraud and error throughout the public sector. 3:54am UK, Thursday 12 December 2013.
Martin Weale has already broken ranks with governor Mark Carney over the significance of the 7% employment target. Photograph: Bank of England.
Imagination Technologies, the FTSE 250 business which designs graphic processor chips in Apple's iPhone, yesterday saw its shares crash 16 per cent to a three-year low, amid slowing smartphone growth and a slide in profits.