Interest rates have plunged to just 1.5 per cent today as the Bank of England tries to buoy Britain's faltering economy with the lowest rates in its 300 year history.

Pressure is mounting on Israel and Hamas to accept a ceasefire plan, proposed by Egypt and France, to put an end to the fighting.

David Cameron has announced new plans to put money back into the pockets of savers and pensioners in a bid to create a culture of "save, save, save" instead of "spend, spend, spend".

The secret culture of government lobbying could be overhauled as a new report published by the public administration select committee suggested a greater level of public scrutiny into lobbying is needed.