ECONOMY

Low level of mortgage payments in relation to income is helping to boost housing demand, says Halifax.

Big Six energy firm warns that National Grid has underestimated risk of power shortages.

Both central banks to announce monetary policy decisions on 7 November.

Friends Life says one in six UK employees called in sick due to stress in the past year.

Tech giant's massive demands for office space generates billions in property deals.

Job losses will be imposed at Portsmouth in 2014 and across Filton, Glasgow and Rosyth by 2016.

Japanese and Australian equities buck the trend.

The job losses are part of Project K, a four-year cost-cutting program that Kellogg launched on Monday.

British estate agent giant posted a 17.9% rise in group turnover quarter-on-quarter.

Collection of 1,500 artworks confiscated by the Nazis was found in Munich apartment.

Despite better economic outlook, consumers are still reluctant, unwilling or unable to increase spend.

US giant expands into Ukraine as the country signs its second major shale gas deal this year.

Reed.co.uk boasts of more than 165,000 live job opportunities on website.

Bosses say legislation ensuring workers' rights is 'deeply frustrating'.

Unite says the move will be deeply distressing for the workforce and the local community.

Chancellor agrees deal that sees Cayman Islands share account information of UK taxpayers with money in safe haven.

The European Union is revising rules on energy subsidies to phase them out.

American Petroleum Institute and the EIA to release inventory data on 5-6 November.

Barclays tipped to escape a fine because it alerted the European Commission to suspected wrongdoing.

Mariathas Thevathas took a few pounds from thousands of transactions over 18-month period.

Money spent on space programme a fraction of expenditure on development.

America will release third quarter GDP and labour market data on 7-8 November.

Premier expects to create 1.3 million to 1.5 million jobs from every percentage point in economic growth.

The US Attorney's office says hedge fund SAC Capital has pleaded guilty to insider trading.

Lewis says he 'struggles to see an occassion' for when a payday loan is the 'right choice'

Major deal benefits the 5,000 workers who will build the new power station.

Consumer finance champion says more needs to be done to stop the payday loan debt spiral

October's Markit/CIPS UK service sector PMI hits fastest pace of growth since May 1997.

Trade body's chief executive Greg Stevens says there are barely any details of complaints over payday lending.