Energy regulator Ofgem will tell the "big six" suppliers to hand back more than £400m of credit in customer's closed accounts, the BBC learns.

One of India's most flamboyant tycoons, Subrata Roy, surrenders to the police and is arrested, officials say.

More than 100 people are arrested in the biggest ever crackdown on fake share deals - so-called "boiler room" fraud - led by City of London Police.

House prices rose by 0.6% in February, a 9.4% increase on the same month in 2013, Nationwide says.

Qantas meets unions anxious about 5,000 job cuts, while rival Virgin posts a half-year loss citing tough conditions across the airline industry.

Gamblers in England and Wales will soon be able to set their own limits on time and money spent on gaming machines under a new industry code of conduct.

British Airways owner IAG bounced back into profit in 2013, fuelled by BA and Spanish budget airline Vueling.

International efforts to bail out Cyprus' debt-laden economy have been thrown into doubt after its parliament rejected a key part of the plan.