City Link employees will receive overtime payments, according to Jon Moulton, the founder of the company which owns the collapsed parcel delivery firm.

Football clubs spent a record £2.7bn in international transfers in 2014, with English football clubs accounting for £795m of the total

Shares in Electronic Arts jump almost 5% after the video games publisher reports stronger than expected results.

Asian shares traded lower on Wednesday with markets tracking losses on Wall Street on Tuesday.

Scotch whisky contributes almost £5bn to the UK economy and supports more than 40,000 jobs, according to industry research.

Ikea, the world's biggest furniture retailer, reports flat profits for last year despite rising sales worldwide.

New Greek PM Alexis Tsipras tells his first cabinet meeting his country will not default on its bailout debts, but will negotiate with creditors.

Shares in chip designer Arm Holdings rise as the company is boosted by news of Apple's record quarterly profit.