Ikea will become the first national retailer in the UK to pay its staff above the new National Living Wage from next year.

Greek banks are set to reopen on Monday morning after three weeks of closures sparked by the deadlock over the country's debt.

Asian markets started the week largely unchanged on Monday with thin volumes, while Tokyo was closed for a public holiday.

The price of gold falls 4% to its lowest in more than five years as talk of a rise in US interest rates this year leads investors to sell the precious metal.

Chinese telecoms giant Huawei Technologies reports a 30% increase in revenue for the first six months of the year, helped by "solid" smartphone sales.

The owners of Travelodge are reportedly preparing a £1bn sale or stock market float of the hotel chain.

Chancellor George Osborne's economic plans are 'risky', and could contribute to a slowdown in UK growth, the EY Item Club warns.

The London stock market opens higher but shares in gold miners are hit after the gold price falls to a five-year low.