UK Chancellor George Osborne is likely to rule out a formal currency union with an independent Scotland, government sources tell the BBC.

The US House of Representatives passes an increase in the government's debt limit, after Republicans end their effort to win concessions from the Democrats.

Bank of England governor Mark Carney is expected to overhaul his flagship forward guidance policy on interest rates.

Asian stocks rise after new Federal Reserve chief Janet Yellen pledges "a great deal of continuity" in policy until the US economy improves.

Two-thirds of social sector tenants affected by benefit cuts for those with extra bedrooms were behind with rent after six months, a National Housing Federation survey suggests.

Danone plans to double its stake in China's largest milk producer amid growing demand in the country for foreign brands and dairy products.

European plane manufacturer Airbus receives an order for 20 A380 superjumbo jets worth $8.3bn (£5bn) from leasing company Amedeo.

China's trade surplus jumped to $31.9bn (£19.4bn) in January, easing concerns the world's second-largest economy may be stuck in a slowdown.