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A new banking business that intends to build a substantial presence on the UK High Street raises £50m through a share issue.

Carpets of Kidderminster, one of the last major carpet manufacturers in the Midlands, goes into administration.

The state pension age would need to rise to 72 in 20 years’ time to keep government costs the same as in 1981, says a think tank.

Potential first-time buyers are facing rising rents as they wait to raise a deposit for a home, a survey has suggested.

The compensation scheme for people affected by the proposed High Speed Rail link between London and Birmingham is launched.