ECONOMY

Alex Chesterton says London property market not that expensive compared to other major cities in world

However, PwC says global economic recovery is expected to be uneven, as spending shifts from West-East

Europe Economics report, commissioned by Business for Britain, says 'only very considerable reforms' will prevent this

HSBC flash manufacturing PMI rises to 50.8 in June from 49.4 in May.

The UK Chancellor is considering an east-west high-speed railway to boost non-London economic growth.

Oil to jump if conflict spreads to southern Iraq, where most production sites are based.

Traders keen on gold above psychologically important $1,300 an ounce level.

Assange fields questions on Modi, World Cup, bitcoin and Edward Snowden on Reddit.

Canadian dollar rallied to a near seven-month high against the US dollar on Friday as Canada's consumer price and retail sales data surprised on the higher side.

Saudi Arabia, Kuwait and the UAE have showered Egypt with billions of aid dollars since Islamist president was ousted.

Parent-subsidiary directive amendment agreed to end tax-dodging by European firms.

The Public Accounts Committee slammed Iain Duncan Smith's Department for Work and Pensions over PIP payments.

Vast natural gas reserves off Cyprus's southern shore will add further strain to historic Cyprus-Turkey feud.

Arvydas Arnasius, Acting Director General at Invest Lithuania told IBTimes TV that the country is primed to draw in more business from abroad and is an optimal place for more foreign direct investment.

Arvydas Arnasius, Acting Director General at Invest Lithuania speaks to IBTimes TV

Brent crude rallied to a new nine-month high on Friday but has not yet decisively broken the upside barrier of a downward channel.

ONS public finances data show May deficit hitting £10.8bn.

Beijing to send four more oil rigs to South China Sea at time of heightened tensions over sovereignty

Norwegian Krone falls to fresh lows as Norges Bank hints at rate cut.

Pharmaceutical firm Bee Health expects new contracts to be worth 70% of 2014 turnover.

Precious metals break downtrend following cautious Fed policy announcement.

LSL Property Services shows how landlords rake in vast returns from rising rents and spiraling property prices.

Teachers not as exposed to the world of work as employers and so should welcome firms into schools, argues Siemens boss.

After years of western-imposed austerity, China could be Greece's knight in shining armour.

IRI data shows surge in alcohol spending as World Cup in Brazil kicks off.

Cable say the Department of Business, Innovation and Skills is working to bridge the gap

Exclusive: Clegg told IBTimes UK that all parties need to work together on industrial development consensus

One percentage point decline in China growth can cut median Asian economy growth by 0.3 percentage point.

British pound rallies to new highs against US dollar and Japanese yen.