Business-focused social networking website Linkedin said its quarterly profits more than doubled sending its shares up 10%.

New car sales in the UK rose to 142,322 in April, up 3.3% from a year earlier, the Society of Motor Manufacturers and Traders says.

The UK unemployment rate will rise to almost 9% by the end of 2012, doing "permanent damage to the UK's productive capacity", a think tank says.

Qantas will delay the delivery of two A380 planes by almost four years as it announces fresh $410m spending cuts.

Families who borrowed too much during the economic boom must share responsibility for the financial crisis, Defence Secretary Philip Hammond says.

The Reserve Bank of Australia has lowers its growth forecast saying that consumer and business sentiment continue to be low.

Major employers should give prisoners work experience placements and training and help more ex-offenders get work, Ken Clarke has said.

A Somerset asparagus grower say this season's wet weather could destroy as much as 20% of his 15-acre asparagus crop.