First-time buyers are still facing an uphill struggle to get on the property ladder despite a further slide in house prices.
BP says it is still a fortnight away from permanently sealing its stricken Gulf of Mexico oil well, as it reveals clean-up costs have soared to $8 billion.
Enhanced annuities are becoming more popular, with £1.26 billion of the products sold during the first half of the year.
House prices lost further ground in August as the supply-demand imbalance, which drove up prices for much of last year, continues to unwind.
Gervais Williams has quit as head of UK smaller companies at Gartmore and will be replaced by colleague Adam McConkey.
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