One in five workers in the UK is paid less than required for a basic standard of living, a KPMG report claims.

The banking, retail and property sectors are setting up a new taskforce to rejuvenate High Streets and address landlord over-indebtedness.

UK medium-sized businesses are upbeat about the prospects for international expansion, a survey by accountants BDO suggests.

China Petroleum & Chemical Corp (Sinopec) Asia's largest refiner, posts a decline in profits, as demand for petrochemicals suffers in China's slowing economy.

Honda cuts is annual profit forecast after anti-Japan protests in China hurt its sales in the country, its second-largest market.

Publisher Pearson says it has agreed a deal with German media group Bertelsmann to combine their Penguin and Random House businesses.

The New York Stock Exchange will be closed on Monday and provisionally on Tuesday as a safety precaution as the city prepares for the arrival of Hurricane Sandy.

One million households will receive letters from the UK tax authority this week about losing child benefit, with tax experts expecting a flood of calls for advice.