Charges for surfing the internet on smartphones while travelling in the EU have been cut by half as new rules come into force.

Savers will be able to set more money aside tax-free and have more flexibility between cash and investments, under new rules now taking effect.

China's manufacturing activity grows at its fastest pace for six months in June, adding to signs that recent stimulus moves have started to have an impact.

Labour is proposing to give more power and more money to cities outside London and the English regions that surround them.

Online grocer Ocado reports a profit for the first half of its financial year, a period which saw the start of its link up with supermarket chain Morrisons.

The FTSE 100 opens higher, helped by rises in mining firms which are boosted by signs of strength from China's manufacturing sector.

Unions says more than 200,000 engineering and metal workers in South Africa have gone on strike, with marches taking place in six major cities across the country.

Around 400 jobs are to go at the Tata steelmaking plant in Port Talbot, with the UK's high business rates and "uncompetitive" energy costs factors in the decision.