The International Monetary Fund today warned Gordon Brown he must produce a "credible plan" to reduce the budget deficit.
The IMF predicts UK debt could double to almost 100% of GDP - the level at which the country's prized AAA credit rating would be cut.
"The success of the current policy package depends on continued trust in the sustainability of the fiscal position," the IMF said.
The Bank of England is to give a clearer insight into how deep it expects the current downturn in the economy to sink
The UK's biggest sporting goods retailer, Sports Direct International, has said third-quarter profits rose 10% on strong online sales
The Government was braced for more bad news on the jobs front today with new unemployment figures expected to show another increase,...
The UK's biggest pizza delivery firm Domino's Pizza UK reported a 14.6% rise in full-year pretax profit, ahead of expectations
Chocolatier Thorntons posted a lower first-half profit as it needed to discount heavily and spent more on promotional lines to attract...
Hotelier InterContinental Hotels is looking to emerging markets and especially China to drive future growth
Publisher Bloomsbury is to set up a new business in India to take advantage of rapidly growing demand from the country's English-speaking...
Beleaguered Yellow Pages directories publisher Yell has seen its shares plunge as much as a quarter after a worse-than-expected slump in...
Bank of England Governor Sir Mervyn King has gained a major victory in his battle to bring down the spiralling cost of living as inflation...
Thailand's worst flooding in 50 years last October will cost the Lloyd's of London insurance market $2.2 billion (£1.4 billion), it has...
No one likes getting rejected on Valentine's Day
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