ONS data also shows employment rate rising despite weak UK economy.
WH Smith says margin growth and cost cutting help to underpin profits.
There are now 29.68 million people in work in Britain according to the new figures released by government body, the Office of National Statistics.
TUI AG said in statement it would not make an offer for Europe's largest tour operator, TUI Travel, in which it holds a majority stake.
World Economic Forum discusses global, regional and industry agendas to shape world.
Emerging market sales now more than half of total revenues for second-largest consumer brands group
Stock markets post modest declines as bond and currency traders prepare for David Cameron's key EU speech in London
France and Germany among 11 countries to design regional 'Tobin Tax' after EU finance ministers give majority support.
German economy is expected to grow at a moderate pace in 2013 due to weakness in its important trade partners.
A mixture of men and women were arrested this morning in connect to a big insider dealing FSA investigation
Peroni and Grolsch brewer SABMiller says in interim management statement lager sales up 2 percent year-on-year in third quarter.
Public debt as a portion of GDP now 70.7 percent, reports Office for National Statistics.
Anonymity request by Barclays employees linked to the Libor fixing settlement with regulators is dismissed in benchmark test case.
Rose will replace outgoing chairman Michael Grade.
China has stepped up its efforts to boost shale gas production domestically, allotting more blocks for exploration.
Youth unemployment stands at 12.6% with 74 million people in the age group of 15 -24 remain unemployed.
The BoJ relents to government demands and resorts to US Federal Reserve-style asset purchase plans.
The numbers of us doing our grocery shop online is soaring and one company that's benefitting from that growth is Ocado.
Ikea plans to open 25 stores in India with investment of nearly $2bn over next 15 to 20 years.
Find Invest Grow calls for tax relief extension among other ideas in new manifesto.
US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.
Andrew Tinney resigns from Barclays wealth management unit amid management shake-up.
North America marks most improvement in confidence followed by Europe and Asia.
Britain's tax code is both hopelessly complicated and deeply subjective. Clearer rules - not "public mood" - are the best way ensure fairness for everyone.
Crest Nicholson is planning an IPO in order to take advantage of a "gradual recovery" in the UK housing market.
Bank of England's Trends in Lending report blames lack of demand, not credit availability, for fall in three months to November.
City Finance sector professionals are less hopeful of any remuneration hike in 2013 though the industry is worried over staff shortages.
Ernst & Young predicting just 0.9 percent growth in 2013 for UK economy.
UK tax authority identifies increase in amount of tax large UK companies have underpaid, says report.
The Markit Household Finance Index for January indicates overall improvement in house finances rather than deterioration.