Vince Cable launches proceedings which could lead to three former HBOS directors being banned from serving as company bosses, the BBC understands.

Energy supplier SSE is fined £10.5m by Ofgem for "prolonged and extensive" mis-selling, the regulator's biggest ever fine for a supplier.

Labour wants to "strengthen the old principle of contribution" in the benefits system, the shadow work and pensions secretary says.

The union that represents government workers says it is in talks on holding a general strike as it vowed to "fight back" on spending cuts.

Luxembourg would consider greater transparency of its banking sector to help curb tax evasion, the finance minister tells a German newspaper.