ECONOMY

Brent hit by news that Iraq plans big increase in oil exports in July.

With the outlook for the rupiah uncertain, Indonesian companies are not out of the woods quite yet.

Which? says the cost of essentials remains high and there remains levels of worry about household debt.

Scottish parliament set to back abolition of right-to-buy as social housing waiting list tops 185,000.

UK consumers will spend the best part of £10bn in the shops this summer, according to Webloyalty

Aksyonov said ban deprives Europe of market.

Iran is seeking to gain funding for the import of unsanctioned humanitarian goods.

Dailly, principal solicitor at Govan Law Centre, sits on the board of the Scottish Housing Regulator

Equities fell and Asian currencies weakened as the Iraq crisis worsened, increasing oil supply woes and demand for the dollar. The Indonesian rupiah has fallen to a new four-month low.

Michael Osbaldeston of City & Guilds tells IBTimes UK that employers are desperate to recruit youngsters.

The National Citizen Service says today's teenagers are ambitious and community minded but lack skills.

Brent oil spot price spiked to just under $116 per barrel late last week

BBA data shows fourth monthly drop in mortgage approvals amid tougher rules for market

Swiss Franc strengthens on improved trade balance figures.

Bank of England governor suggests rebalancing of UK economy underway.

Exports from Iraq's southern terminals averaged 2.53 million bpd as of 21 June.

Japan has one of highest tax rates among industrialised nations at about 36%.

Bank of England governor says wanted to tighten markets with sooner-than-expected rates hike comment.

The Abu Dhabi United Group has agreed a £1bn deal with Manchester Council

Crude prices cool after worries over Iraq supply ease to some extent.

Ban to be effective from 25 June.

Both add a ridiculous extra layer of taxation for those who already scrimp and save to own a home.

Over 20% of Wales' workforce is living on less than £7.65 an hour.

Annual digital payments will reach £2.8tn by the end of the decade, as mobiles, tablets, contactless cards and China's Alibaba boost transactions.

US District Judge Thomas Griesa appoints Daniel Pollack to preside over talks between Argentina and funds.

At the BoE inflation report hearings, the market will be looking for more cues for Sterling as governor Carney has already given a big verbal boost to the currency.

A World Bank and ClimateWorks Foundation believe there's huge economic benefit to energy efficiency.

Historical Report of Opportunity reveals that poverty rate increased 12% from 1970, while income inequality increased nearly 30%.

The coalition government's has previously pledged to raise the inheritance tax thresholds.