US President Barack Obama holds crisis talks with congressional leaders in a bid to avert a catastrophic debt default.

Consumer group Which? says some of the interest rates offered on children's savings accounts are discouraging parents from investing in their futures.

Vince Cable attacks US Republicans for holding up the White House's debt plans, saying they risk harming the global economy.

The US treasury secretary says he is confident the White House and Congress will be able to agree a deal to reduce the US debt.

Business Secretary Vince Cable tells the BBC there should be "clear" rules on how dominant media groups can be, in the wake of the phone-hacking scandal.