India's industrial output rises more than expected in October, boosted by increased demand during the festive season in the country.

Japanese company Mitsubishi has joined the race to build a radiation-resistant robot to work on the crippled Fukushima nuclear power plant.

Glasgow Airport reports its busiest November for four years, boosted by strong growth in domestic and international traffic.

The furniture retailer, Fultons, is to close after its administrators were unable to find a buyer.

The government hopes to raise £3.5bn by selling 4G licences, but as the auction nears, questions are raised about how much mobile phone companies will be prepared to pay.

German luxury carmaker Porsche says it has beaten its annual record for car sales, selling almost 129,000 sports cars so far in 2012.

Labour will vote against plans to limit most welfare payment rises to 1%, shadow chancellor Ed Balls reveals.

Mark Carney, who will take over as governor of the Bank of England in June, has suggested targeting economic output instead of inflation.