ECONOMY

McCombe says he will remain at fund manager tasked with bringing RBS to the private sector.

China's manufacturing declines again to reach 11-month low on back of significant drop in new orders.

NYT claims stockpiling aluminium deliveries by banks artificially inflates spot prices.

Nick Hewer wants more Britons starting up own firms in recession.

French media and telecom giant in talks with Elisalat to sell 53% Maroc Telecom stake.

Stax founder says company execs should cash in on tax relief now before new rules come into place

Coalition's economic working group decided in a meeting to stick to its August timetable to reform tax

IBTimes UK recaps why Duchess of Cambridge's new arrival will stimulate British industry

Hearing for Detroit bankruptcy and the city's pension funds case set for 24 July

US IRS and state governments use software from SAS, LexisNexis and IBM to combat fake tax return claims

WSJ report says British national is being detained, but not arrested, by Chinese authorities

Duchess of Cambridge's new arrival tipped to increase UK economic growth as US home sales data fuels markets

Nielsen index shows Asian countries are most confident over jobs and personal finances in foreseeable future.

China's assurance that it will not let growth drop below 7% encourages markets.

CSIC/McAfee report puts US losses alone at $100bn per year.

Michael Coscia fined $903,176 for using algorithm to manipulate commodities markets.

Leading UK tax reform campaigner Richard Murphy tells IBTimes UK G20 is committed to moving in right direction - but it's not enough.

HSBC's head of UK trade says businesses settling in the Chinese currency are saving money

A well-regulated financial services sector could boost economic growth by 2-3% by 2020, says PwC

Legal & General report shows short gap between savings running out and financial reliance on benefits, family and friends.

National Housing Federation points to millennium baby boom for impending housing crisis

Britain has 270,000 digital companies in the UK, according to NIESR.

Rising electricity consumption, including by services sector, to drive Chinese economy

Deutsche Bank to prune its balance sheet by 20% and reach 3% equity loan ratio

AstraZeneca employee questioned in Shanghai as Chinese authorities crack down on pharmaceutical sector.

JPM tipped to part with an extra $200m in unpaid claims from electricity buyers in California

Portuguese President backs fragile coalition government to keep country's bailout on track.

GSK CEO Witty to reveal action against bribery scandal that has rocked pharmaceutical giants.

Amount paid to shareholders reaches record level but underlying dividend growth is slowing.