A report said people earning less than £30,000 a year are most likely to be affected
Bank of Russia allows rouble to float after a spectacular 48% decline against the dollar in 2014.
UK Prime Minister spoke at the Confederation of British Industry conference.
UK House of Lords is set to consider the creation of a sovereign wealth fund for shale gas revenues.
Job additions will shrink by about 50% to 55,000 by fiscal 2018 from 105,000 in fiscal 2014.
Moody's warns that there won't be a significant rebound in near term European economic growth
Talks make 'significant progress' at APEC summit in Beijing.
The announcement comes after George Osborne claimed to have 'halved' the UK's EU tax bill.
Bank of Scotland PMI shows a strong performance by the services sector.
While dip in global oil prices helps China check non-food inflation, food prices remain under pressure.
Leading bariatric surgeon said severe obesity threatens to bankrupt the NHS.
The study comes after the total UK unemployment rate dropped to 6% in the three months to August.
General Sir Nick Houghton: the next government would still face financial constraints post-election.
Pound already under pressure with no strong data support.
While noting that economic indicators of Pakistan are improving, IMF advocates structural reforms.
Rate decisions by South Korea and Indonesia will be watched for their vulnerability to global interest rates and related portfolio rebalancing.
A round-up of Web Summit 2014 where Bono, Eva Longoria and Rio Ferdinand joined hundreds of startups
Oil prices have lost 30% since June peak on increased supply and slowdown in Europe and China.
Data showing slowing activity in Europe and in China to boost dollar and mount pressure on bullion.
Ruling protects Detroit Institute of Arts' collection from sale.
Chancellor George Osborne's claims over the £1.7bn budget payment has been challenged.
Bank of Russia said it would intervene at any moment to prop up the rouble.
EU source tells IBTimes UK that cut-off for surcharge payment is now 1 September 2015.
Mexico's Pena Nieto said contract to be re-tendered to avoid doubts over bidding process.
Another rollercoaster day in the life of the Russian currency.
As we approach the 2015 General Election, IBTimes UK looks at the state of Osborne's economy.
Industrial output also rose, but by less than expected.
Mujica said that an Arab sheikh has made a big offer for his famous VW
Portion of adults who lived with roommates increased to 32% in 2012, compared to 25.4% in 2002, according to Zillow.
The REC says the good news about the UK's jobs market continues.