Ed Balls will pledge to end winter fuel allowances for the richest pensioners in a speech later, while promising "iron discipline" on spending.

The number of people in the UK saving for retirement is at an all-time low, according to a report by pensions and investments company Scottish Widows.

One of the energy firms hoping to exploit the UK's resources of shale gas says it may be sitting on significantly more gas than previously thought.

Technology giant Apple is to begin its defence against charges by the US government that it colluded to set the prices of e-books.

Mario Draghi, the head of the European Central Bank (ECB), defends its bond-buying programme ahead of a court hearing against it.

Shares of Infosys, India's second-largest software firm, rise after the company asks its co-founder Narayana Murthy to return as chairman.

Japanese shares continue their recent decline, hurt by weak manufacturing data from China and fears over the US scaling back key stimulus measures.

UK banks have continued to reduce the amount they lend, Bank of England figures show, in spite of government attempts to reverse the trend.