The prospect of genetically-modified purple tomatoes reaching the shelves has come a step closer, with large-scale production under way.

Shadow Chancellor Ed Balls pledges to balance the UK's books and deliver a current budget surplus by 2020 if Labour wins the next election.

The head of the European central Bank, Mario Draghi, says there is a "dramatic improvement" in the eurozone recovery, but warns that risks remain.

A Labour government would restore the 50p tax rate for those earning over £150,000, shadow chancellor Ed Balls says in a speech to the Fabian Society.

Finance ministers and banking leaders see Europe's banking sector strengthening, but plans for reform may need 'improving'.

Christine Lagarde, managing director of the International Monetary Fund, warns that deflation remains a real risk to economic recovery in the eurozone.