Lord Heseltine recommends ending a century of centralisation and moving growth funds nearer to industry in his report into boosting UK growth.

Millions of poor and middle-income households could see their living standards no higher in 2020 than they were in 2000, a think tank says.

UK consumers are feeling worse about the economy than last month, a survey shows, while retailers say shoppers are acting as if they don't expect a recovery soon.

Shares of Apple manufacturer Hon Hai Precision Industry, known as Foxconn, rise after strong iPhone and iPad demand lifts income.

UK bank Barclays says that it is the subject of two new regulatory probes soon after a series of scandals and announces it made a loss in the third quarter.

Panasonic projects that it will make a loss in the current financial year due to falling sales and a jump in restructuring expenses.

High earners working abroad could hold on to all their child benefit despite having an income of over £50,000 when the January cut comes into force.

The stock markets in New York have reopened after their longest closure since 9/11 due to the superstorm Sandy.