A record five million UK workers are now in low-paid jobs, a rise of 250,000 in the last year, research from a left-of-centre think tank suggests.

Profit warnings by UK-listed firms rise to the their highest summer level for six years, according to forecaster EY.

One of Vietnam's richest men, Ha Van Tham, is arrested by police on suspicion of lending fraud, authorities say.

A mass protest is held in the Italian capital, Rome, against Prime Minister Matteo Renzi's plans for labour market reform.

Broadcaster STV submits applications to Ofcom for local television channel licences in Aberdeen, Ayr and Dundee.

Twenty-four European banks fail stress tests of their finances, with 14 still needing to raise more capital, the European Banking Authority says.