Global currency wars pose "a real threat" to economic recovery, the head of the IMF, Dominique Strauss-Kahn, warns.

Members of public sector pension schemes should pay higher contributions, says an independent commission led by Lord Hutton.

European regulators back tougher-than-expected rules on bankers' pay despite pressure from the UK to water down the rules.

The US economy shed another 95,000 jobs in September, the fourth month in a row that jobs have been lost, official figures show.