The energy regulator is expected to warn later that the risk of power blackouts in the UK has increased even further.

A decision on whether the payday lending industry will be referred to the competition authorities will be published later.

The Queen will receive a 5% rise in her income next year after the Crown Estate, from which she is paid, reported an increase in its profits.

The Australian airline Qantas investigates newspaper allegations that its in-flight headphones were made by abused inmates in Chinese prisons.

The record unemployment blighting much of Europe will be the focus of attention at a two-day EU summit set to open in Brussels.

EU finance ministers agree an outline plan on how to rescue troubled banks in any future crisis - without leaving taxpayers to face the bill.

Chancellor George Osborne says the UK must spend more on its energy and transport infrastructure to compete in the global economy.

Rolls-Royce says it "regrets" the mid-air failure of one of its Trent 900 engines which happened on a Qantas A380 plane in November 2010.