ECONOMY

Increase comes before the new mandatory National Living Wage of £7.20 in April 2016.

India denies blocking borders and says Nepal needs to ensure security for trucks entering the Himalayan nation.

China's lively manufacturing industry scored 49.8 on the Purchasing Managers' Index.

Global growth likely to remain tepid in 2016 amid uncertain economic climate, Lagarde says.

Emerging markets and open economies will feel the burn of the most painful Monday in history for a long time.

Britain drops one place to tenth in the WEF index, with Sweden taking ninth spot.

Consultancy firm warns young people could be left with a pension of just £4,000 per year.

Official statistics body Eurostat says prices dropped to 0.1% year-on-year in September.

The growth adds to market-wide concerns about the lack of new homes to keep up with demand.

Sales dropped by 1.1% on a like-for-like basis, 0.2 percentage points less than analysts had forecast.

Corporate debt of emerging economies in 2014 was more than four times that in 2004.

Some have claimed that Corbyn is anti-business, but after his election, the business world seemed quite content.

The CBI revealed 60% of retailers said sales volumes were up in September, from the same month in 2014.

Left-winger will give his first major address since his victory in the Labour leadership election.

The shadow chancellor claimed Jeremy Corbyn's Labour is the only anti-austerity in British politics.

Shadow chancellor said a Labour government would 'aggressively' balance the books in power.

Qatar's sovereign wealth fund also takes hit due to fall in Glencore sock.

Also called Financial Transactions Tax, Labour shadow chancellor revives debate over City of London.

McDonnell is set to match Labour leader Jeremy Corbyn's politics with his new economics.

French economist will serve under John McDonnell in Labour's economic advisory committee.

Rise reflected nationally with 5% without homes as charity hands out night bus passes to rough sleepers.

IKEA Reading store will be Swedish giant's 19th in UK.

Surat polishes about 80% of the world's diamonds.

London could continue to be among world's top leading financial centres even if Britain opts to leave EU.

A total of 40,101 new homes were registered between June and August, 11% up on last year, said NHBC.

Investors last week viewed Fed's decision to hold rates as hawkish.

The think tank says the figure is lower than what was previously estimated.

Landlords needlessly adding tens of millions to energy bills by wrongly imposing a 'preferred supplier'.

London stood first in every category in a survey published by Z/Yen Group that evaluates financial centres across the world.