ECONOMY

Cable writes to MPs defending 330p offer price taken after advice taken from investment banks.

Curbing bonuses doesn't mean less cash is being paid out, it means salaries are rising

Government wants firms to invest in technology and raise salaries.

Royal Mail stock has soared by as much as 51% on the government's offer price of 330p.

The Bank of England's third quarter Trends in Lending survey reported a 4.5% increase in consumer credit card lending.

Barclays is battling fresh Libor fixing evidence in court after Guardian Care Homes, which is seeking an invalidation of complex derivative products it was sold to by the bank, takes it to an appeals court.

Botin eyes profit goal through organic growth of Santander's US business.

Chicago Fed President Charles Evans said central bank will need more meetings to decide on stimulus tapering.

China's economy grew 7.8% in the third quarter, the fastest pace this year.

Barack Obama launches fierce attack on Tea Party Republicans over budget battle

Former Madoff staff on trial over alleged roles in Ponzi scheme 'did not want to question anything he did' claims lawyer.

But software firm Sage says UK SMEs are among the most risk-averse in the world.

HSBC pledges to fight the bumper judgment relating to a unit it bought before the financial crisis

Australia's ASX strikes a five year high, while India's Sensex hits a three-year high.

Larry Page says the company has seen great progress with its products.

GDP rose 7.8% on year in third quarter, up from 7.5% in the second quarter

Treasury Chief Secretary Danny Alexander says "driving is not a choice but a necessity" in these areas

Third parties also threatened with fines, imprisonment, asset seizure if individuals the government plans to implicate are divulged

Sources say Richard Ledgett will replace John "Chris" Inglis in the No. 2 position at NSA.

HMRC data shows that the government made nearly this amount in price rises alone over past seven years

Labour's Shadow Economic Secretary Catherine McKinnell says 8 out of 10 rebate areas belong to Lib Dem MPs

Overall revenue at the US investment bank dropped 20% to $6.27bn in the July-to-September period

The report says two-thirds of Britain's poor children are now in households where an adult works.

Reuters monthly survey predicts sentiment will rebound by January, 2014.

Creditors are worrying about Ukraine's debts, deficits and political instability

Wheatley says that while some improvements have been made, there are still a number of areas to tackle.

ifs School of Finance's special adviser says Labour is giving misguided attention to a legal practice

Chinese investment will be a saving grace but relaxing banking rules could damn the financial system's safety

PPI mis-selling still dominates FoS' piles of complaints