Greece will lose control of budget in return for bail-out, IMF warns
The International Monetary Fund has signalled that Greece will have to give up autonomy over its budget if it is to receive the full backing of the international community for its second €130bn bail-out.
Europe has just weeks to act, says Osborne
Chancellor tells delegates at Davos that the problems in Greece have still not been dealt with, ahead of an EU summit on Monday.
RBS faces pressure on £1m bonuses
Sir Philip Hampton, the chairman of the Royal Bank of Scotland, offered to cede a potential £1.4m 'golden hello' before Stephen Hester was awarded a near £1m bonus.
University buys 50pc stake in Tesco stores
The richest college at the University of Cambridge, Trinity, has invested in the UK's largest retailer by acquiring a 50pc stake in a portfolio of Tesco stores worth £440m.
British Gas' Thames Water insulation deal
British Gas is to pay Thames Water to promote free insulation to its customers, ahead of the December deadline for energy companies to meet government carbon emissions reductions targets.