Facebook says it has raised $1.5bn from investors, valuing the world's most popular social networking site at $50bn.

Train companies accused of using car parks to "top up" profits

The head of the commission reviewing whether the UK's biggest banks should be broken up is expected to say later wide-ranging reform of the banking sector is needed.

The head of the commission reviewing whether the UK's biggest banks should be broken up says wide-ranging reform is needed.

The government should impose prison sentences on traders who charge VAT but do not pass the money to the government, an MP tells Radio 4's Money Box.