Qatar Airways has emerged as the owner of a 10% stake in International Airlines Group, the owner of British Airways and Iberia. The Gulf airline is already a member of the Oneworld alliance.
Labour has seized on the IFS figures as evidence that Britain was trapped in a 'cost of living crisis'. Photograph: Oli Scarff/Getty Images.
U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring challenges to an economic liftoff as troubles mount abroad.
A string of alleged failings at Deutsche Bank has prompted the UK's financial watchdog to more closely monitor the bank's London office in the most high-profile use to date of a new regulatory tool.
Accounting firm Deloitte, which was fined �14m over its role in the sale of collapsed carmaker MG Rover, has had a series of misconduct rulings overturned.