Tesco cuts prices on some big-brand products on the day that new Tesco boss Dave Lewis is due to set out options for reviving the troubled supermarket.

South Korea's Samsung Electronics has forecast a 37.4% fall in quarterly operating profit from a year earlier.

Stocks in Asia mostly show gains, following Wall Street's lead and buoyed by a positive jobs survey in the US, together with hopes of further stimulus measures in the eurozone.

Standard Chartered announces plans to shut its equities business and axe jobs as it continues efforts to cut costs and boost profits.

Marks and Spencer reports a "difficult" festive trading period for clothing sales, with "unsatisfactory" online sales distribution performance.

An official review of inflation measures says there is a strong case for switching the way it is measured.

Shares on London's FTSE 100 were led higher by Tesco, after a better than expected trading update.

The Halifax is blaming poor growth in wages for a continuing slowdown in house prices.