BUSINESS

Markit shows household finances in precarious position as real-terms pay cuts and rising cost of living dent income.

UK foreign secretary declares there’s no need for new sanctions against Tehran just as investigation accuses Glencore for 'unacceptable' Iran trades.

British government pushes on with plans for uranium company stake sale.

Philips targets annual comparable sales growth between 4 percent and 6 percent for 2013.

Britain's debt-to-GDP hits 90 percent and notches one of the highest budget deficit figures for the whole of the European Union.

Chancellor George Osborne set to expand Funding for Lending so it specifically targets SME finance to improve credit conditions for small firms.

The deal positions ABB group as a leading provider of solar inverters.

Chancellor George Osborne mounts legal challenge against adoptees of new financial transactions tax over concerns of repercussions.

Giorgio Napolitano becomes first two-term president after weekend vote that could mark end of political gridlock.

China tops the list of investment destinations among the emerging economies followed by India and Brazil.

Airline warns of massive long-haul delays while all but 20 short-haul flights cancelled.

Most Asian markets gain on yen's extended weakness but China declines in aftermath of earthquake.

Samsung has come under fire for posting fake negative reviews of rival HTC smartphones on Taiwanese websites.

Remittance flows to developing countries have more than quadrupled since 2000, according to the World Bank.

FAA approves modified battery system for Boeing 787 Dreamliners.

Different surveys predict the UK will avoid triple-dip recession.

Asian markets end on a mixed note in the week due to volatile commodity prices and yen weakness.

Ratings agency follows Moody's to downgrade Britain to AA+ but keeps a stable outlook

European Market Briefing: Shares Fall for a Fourth Day as Growth Concerns Persist [VIDEO]

Flybe sees full-year loss at the lower end of the previous guidance.

A sea of old age pensioners from across Greece flooded into Athens on Friday (April 19) to protest against pension cuts.

Current account surplus rises to €16.3bn, above analysts' estimates of €14.5bn

Office for National Statistics says percentage of owner-occupied homes fell between 2001 and 2011 as price increases and stricter lending pushed millions into the rental market.

The OFT investigates whether or not any competition law has been infringed by the actions of GSK.

Appearing to back Osborne over IMF on austerity, incoming BoE governor Carney said fiscal adjustments only route to sustainable economic growth for UK.

European shares advance in early trade as they pare huge losses over the week.

The tech majors report higher quarterly profits, despite problems related to the fast changes in the sector.

Asian markets advance as commodity companies pared their losses after worst weekly decline since August.

IB Times UK presenter Marverine Cole looks at the declining fortunes of the UK high street.