A new high-speed rail link connecting Manchester and Leeds could help to create an economic area to rival London, Chancellor George Osborne is to say.

China's manufacturing activity picks up pace in June, an initial survey by HSBC shows, a sign that its economy is benefiting from recent stimulus moves.

The Argentine government publishes an advert in US newspapers denouncing the recent US Supreme Court ruling in favour of hedge fund investors holding its defaulted bonds.

Online fashion retailer Asos has started taking orders again after it was forced to suspend trading following a fire at its main warehouse in Barnsley.

Labour will "pause" universal credit if it wins the next general election in 2015, shadow work and pensions secretary Rachel Reeves says.

Japanese carmakers Honda and Nissan add 2.8 million vehicles to the recall they issued last year over a defect in passenger airbags.

The number of people made homeless when a private tenancy ends has tripled in the last five years - Panorama meets the families priced out of their homes.

The AA motoring group floats on the London Stock Exchange, valuing the company at about £1.4bn.