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The government says it is exploring how to getting UK banks to increase lending to businesses and households.

The euro weakens against the pound and the US dollar as data suggests that a eurozone interest rate cut next week is likely.

State-run French TV stations stop showing ads in prime time as part of President Sarkozy's plans to reform public broadcasting.

Tips on surviving the financial crisis, and full coverage of the UK economy

Venezuela's US-based oil subsidiary is halting a programme to provide cheap heating oil to low-income communities in the US.

House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.

News supplied by BBC

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