US federal prosecutors drop seven of 21 criminal charges against Texas financier and former cricket promoter Allen Stanford.

UK consumers face a drop in disposable income this year equivalent to about £780 per household, a report from Deloitte warns.

Sony shares fall as Tokyo's benchmark Nikkei index resumes trade after the Golden Week holiday.

Commodities partly recover in Asian trade after markets were hammered by one of the biggest sell-offs in recent history.

International Airlines Group sees revenues up and losses down in the company's first results since the BA-Iberia merger.

Attributable losses widen at Royal Bank of Scotland in the first quarter, but at an operating level the bank is in profit.

Fewer people were declared insolvent in England and Wales in the first three months of the year, although experts predict a future rise.

The bus market needs to be opened up to new firms as too many operators face little competition, the Competition Commission says.