The UK rate of inflation, as measured by Consumer Prices Index (CPI), fell to 1% in November, the Office for National Statistics (ONS) has revealed.
The Co-operative Bank has failed a 'stress test' by the Bank of England which measured the ability of the UK's major lenders to cope with a financial crisis.
The London banker who avoided train fares totalling more than £40,000 has been banned from working in The City.
More than 17,000 jobs will be created in Canary Wharf after the Mayor of London Boris Johnson approved plans to create a new waterside community on its eastern edge.
Fears of slowing global growth rates and falling oil prices saw Asian shares fall on Thursday.
An early increase in interest rates would be "a huge risk" to the UK economy, according to the British Chambers of Commerce (BCC).
HSBC has dismissed its head of foreign exchange trading for Europe, Middle East and Africa.
Yum Brands, the owners of food outlets KFC and Pizza Hut, has cut profit forecasts due to slow sales in China.
Tesco has slashed £1 billion off its full-year profit forecasts, adding to the supermarket's woes.
Asian shares were down on Tuesday after Monday's highs thanks in large to losses on Wall Street and declining oil prices.