ECONOMY

The Financial Services Authority (FSA) has warned UK investors against the property developers who offer land banks with future development prospects.

A tense meeting between German Chancellor Angela Merkel and British Prime Minister David Cameron will take place in Berlin as the pair thrash out their differences on a number of crucial issues.

The shop will be open for five days on an experimental basis during the first week of December.

The issue of Financial Transaction Tax, also known as Tobin Tax, is likely to dominate the talks.

The amount was spent for buying “technical support” for the department’s engineering and procurement project.

The Treasury is refusing to give a direct response to a plea by four airline chiefs to scrap Air Passenger Duty (APD).

The 2009 oil spill was considered "completely predictable and absolutely preventable".

State-owned Northern Rock sold to Richard Branson's Virgin Money in a £747 million deal.

Energy consumption is expected to be lower thanks to a slow start of winter this year.

The company blames stringent emission policies of the EU environment legislation for the decision.

The estimate also predicts the borrowing target may go up to £34 billion in 2013-14 and £42 billion in 2014-15

Unions raise fears of a boiler breakdown during winter as the cuts will mostly reflect on the company's service arm.

Jobless figures for those in the 16 to 24 year-old category have pushed youth unemployment to1.02million prompting calls for extra support services.

Growth for 2011 and 2012 will only be no more than 1 per cent says the Bank of England.

Number of applicants for the seasonal jobs in Royal Mail has increased.

Average UK families are finding it difficult to enjoy their luxuries due to rising prices and increasing debts.

UK household food waste generation down 13 percent over the last three years.

Senior Ally of Angela Merkel has warned UK not to look at your own interest at the cost of Europe.

There are no more debt-masking currency swap deals - like the one between Greece and Goldman Sachs in the early 2000s - that threaten the Eurozone, says the EU's statistical body.

Italy's Prime Minister-designate Mario Monti is still struggling to form a Cabinet as Italian 10-year bonds yields rose back over seven per cent on Tuesday morning.

China's public sector banks, once considered immune from the global crisis, now face mounting risks.

Inflation is 5 per cent for October, says the Office for National Statistics, still way above the government's 2 per cent target.

The Luton-based airline has seen a rise in the number of business passengers, which hit 9.5 million in the year.

The number 13 has been considered unlucky by most home buyers, a survey suggests.

Households have come under further squeeze due to the spike in energy bills and utility tariff hikes.

The Bank of England governor will be conferred knighthood at a Buckingham Palace investiture ceremony.

George Osborne's new model aims to deliver public assets and services at a lower cost to the taxpayer.

Confidence among Britain’s households of a recovery is hanging by a thread, according to a YouGov poll.

Iran authorities admitted on Sunday that their defence computer have been targeted by a virus called Duqu that is allegedly linked with the Stuxnet "cyber-weapon" discovered last year. The worm is believed to be aimed at sabotaging the Islamic Republic's atomic centrifuges, the devices that enrich uranium to create nuclear fuel.