ECONOMY

ONS report shows average bonuses were up by 2.4% between May 2014 and April 2015.

The FTSE 100 hit its lowest point since 2013 on Black Monday, but recovered slightly the day after.

Kabbee, a minicab booking app, launched a Change.org petition to urge duty-free retailers to change their behaviour.

Analysts blame the US Federal Reserve and its policy for the market rout.

JPMorgan Chase and Apple took the lead on Wall Street. S&P 500 jumped by 1.7%.

But since the hit from China, Apple CEO Tim Cook took the unusual move of commenting publicly on the company's stock price and outlook in respect of that territory.

Cut means ratio will be at 18% to encourage investments.

IBTimes UK explains what the shares slump in China means for investors.

FTSE 100 lost a total of 4.67% in value from 6,187.65 at the open, to closing at 5,898.87.

Estate agents hope overall increase in house hunters will sustain market.

Indian rupee also reaches lowest point in past two years. Analysts predict rate cut.

Wall Street traders saw the US stock market benchmark nose-dive by almost 6%.

IBTimes celebrates the Chinese stock market crash with a look back at history's great financial collapses.

Stocks have plunged around the world, with markets in Japan, Germany and France suffering.

China's economy needs to rebalance and bubbles must be allowed to burst.

Foreign secretary Philip Hammond oversaw the re-opening of the UK embassy in Tehran.

Japan's Nikkei suffered its biggest drop in two years, while the FTSE 100 fell below the 6,000 point.

The RMT, TSSA and Unite could cause travel misery for millions by walking out on 25 and 27 August.

Brent crude is down 2.38% at $44.38 per barrel as at 4.15am GMT, while WTI crude declined 2.92% at $39.47.

IBTimes UK takes a look at the competing evidence as the capital prepares for more strikes.

Alexis Tsipras resignation calling for September general election prompts anti-bailout group to break ranks.

London's FTSE and German DAX both fall with political uncertainty and global economic growth to blame.

Compared to the same month in 2014, the borrowing was £2.07bn less in July 2015.

Bonds will be the first since 2006, when the government raised $2.7bn

Special drawing rights account for less than 3% of central bank reserve assets, economists say.

Greek prime minister steps down after divisions deepened in his Syriza party following debt deal.

A growing sense of betrayal pervades in Yorkshire

Rumours fly that divisions within Syriza party may see prime minister Tsipras step down to preserve peace.

Based on an inflation rate of only 0.1% in July, the economic recovery in the US is not lifting off as expected.