United Kingdom

Following the announcement that Lord Pearson of Rannoch is to stand down as leader of UKIP, we take a look at the party leaders who announced their resignation following a disappointing election.

Lord Pearson of Rannoch, the leader of the United Kingdom Independence Party, has said he will be standing down from his position next month.

Shares in Michael Page International were down on the FTSE 250 in morning trading after the recruitment firm reported a surge in pre-tax profit for the half year ended 30 June.

Airport owner BAA has said that the number of people travelling through its United Kingdom airports increased by 0.3 per cent to 10.9 million last month.

Shares in TUI Travel dived in morning trading on the FTSE 100 after the group said it took a £105 million hit as a result of air space closures prompted by a giant ash cloud being emitted from an Icelandic volcano earlier this year.

House prices are weakening further according to the Nationwide House Price Index which saw average asking prices fall 0.5 pct in July.

House prices are stable after the Land Registry survey of all residential properties found the average asking price to be returning to growth of 0.1 pct month on month.

Shares in Vodafone were up in morning trading on the FTSE 100 after the group said it had returned to organic revenue growth in the quarter ended 30 June.

Boeing's competitor to the huge double-decker A380 is 'probably' going to be delivered late, after schedule was delayed, according to Boeing's Vice President of programs, Pat Shanahan.

Public Finance data for the UK remains high this morning after public sector net borrowing was above expectation at £14.5 billion.

Gross mortgage lending for June was up 15 pct to estimated £13.1 billion according to the Council of Mortgage Lenders.

The Office of National Statistics has just published a batch of figures on the UK's workforce, nearly coinciding with the Friday, 16 July's submission to The Treasury by most government departments of their proposed budget cuts. The Treasury requires drafts based on 25 percent and 40 percent cuts to the 2010-2011 figures and these will form the basis of the autumn Spending Review and November's Budget Address to Parliament by George Osborne, Chancellor of the Exchequer.

Welcome to our live coverage and build-up of iPhone 4's briefing on claims that's its antennae malfunctions, combined with other problems with software that have been reported widespread across the internet.

The pound was up against both the euro and the dollar today following the publication of unemployment data by the Office for National Statistics.

Momentum seems to be building behind David Miliband's campaign to be Labour leader after a second trade union put its support behind him, making him the only candidate so far to have secured union support.

Shares in Tesco were down on the FTSE 100 and are a recommended hold ahead of its first quarter trading statement due tomorrow.

The coalition between the Conservative and Liberal Democrat parties has surprised many, not least because of the apparent passion and speed with which David Cameron and Nick Clegg have embraced each other.

One of the less talked about points about last Friday's election results is that the Conservative Party has been denied victory, or at least an outright victory due to a strong showing by Labour in Scotland.

A plane arriving to London Heathrow has crashed over Libya, killing all 105 people on board.

Shares in Aviva were down on the FTSE 100, as the insurer reported a drop in sales from the previous year.