Shares in Standard Chartered took a dive today after the US charged the bank with money laundering with Iran.
Chris Williamson, director of Markit, comments on new economic figures:
TUC general secretary Brendan Barber comments on new economic figures:
IPPR chief economist Tony Dolphin comments on new economic figures
The average real income of those earning £33,000 a year fell by six per cent during 2011, according to a figure released in advance of new research by Demos, the political think tank.
The government will remain "very firm" in the face of union strikes over public sector pensions, David Cameron has said.
The largest three-month fall in unemployment since 2000 will help distract ministers from looming strikes over public sector job cuts.
The government's big response to the 2008 banking crisis is to be confirmed by chancellor George Osborne later.
Coalition ministers are refusing to back down despite attacks from trade unions on a number of fronts.
The negative impact of harsh spending cuts on Britain's economic growth is only "temporary", the International Monetary Fund (IMF) has said.
Low and middle income earners have been in a livelihood crisis for three decades, according to a report published today.
George Osborne found himself increasingly isolated today as a small army of economists demanded he back down over his deficit reduction plan.
Gordon Brown's chancellor has backed France's Christine Lagarde to take over at the International Monetary Fund (IMF).
The pace of spending cut should be slowed down, a major international thinktank has said.
Kraft, the American food manufacturer whose hostile bid for Cadbury upset many consumers in Britain, has been accused of treating parliament with "contempt".
Gordon Brown is the greatest candidate running to become head of the IMF, according to the former president of the World Bank.
A second consecutive quarterly drop in unemployment will be welcomed by ministers in Whitehall.
The presenter of the Mary Queen of Shops programme has been drafted in to lead a review into the future of the high street.
The average British family may be about to experience the worst fall in living standards for 30 years, a respected economics think tank has said.
The chancellor's economic policies are relying too heavily on the private sector, according to Unite's general secretary.
The government should prepare itself for "sustained war" with the trade union movement as austerity Britain starts to bite, leaders have warned.
The economy returned to growth in the first three months of 2011 but has failed to reach official expectations, figures show.
Former prime minister Gordon Brown has hit the campaign trail in Scotland, as the election enters the critical final two-week stretch.
The Treasury lacks the will to force banks to lend, an influential committee of MPs has found.
Ed Miliband and Nick Clegg have traded allegations about misleading voters as their parties fight for votes in the north-east.