The number of unemployed people in the UK has fallen by 34,000 to 2.47 million in the three months to May, although this is likely to be short-lived due to upcoming public sector cuts.
The headline rate of inflation fell back further in June largely due to lower petrol and diesel prices.
All eyes are on embattled oil major BP as speculation mounts over a possible takeover attempt in the wake of the Gulf of Mexico disaster, which has now cost it $3.5 billion.
It might be reaching the height of summer, but the corporate calendar is still packing a few punches for investors.
The government is planning to change how private sector pensions are calculated so that all pension members will ‘share the pain’ of reduced payments in retirement.
House prices continued to fall in June wiping out earlier gains made this year. The average house price in the UK is now £166,203, around £2,500 less than the figure at the start of 2010.
Interest rates were kept on hold once again in July despite high inflation proving to be a sticky issue for the Monetary Policy Committee (MPC).
Self-invested personal pension fees for most fund sizes have fallen by up to 11 per cent over the past three years.
Public sector pensions are in need of urgent reform and are twice as valuable than originally thought, the Public Sector Pensions Commission has revealed.
BP's embattled chief executive Tony Hayward has flown to Abu Dhabi to meet with business partners just days after speculation the firm is seeking investment partners in the region as it battles rocketing clean-up costs.
Investors have had a tough time reading the markets of late with the volatility of recent weeks sweeping many off their feet.
A single person now needs a minimum yearly income of £14,400 (before tax) to afford an acceptable standard of living, says the Joseph Rowntree Foundation (JRF).
A couple with two children, require £29,200 per year.