The Bank of England may have to put up interest rates if the commodity price boom continues, deputy governor Charles Bean warns.

Brazil has raised interest rates sharply, following China, India and host of countries across the emerging world in acting to curb inflation and counter the flood of dollar liquidity from the US.

The FSA has fined a former research analyst £50,000 for making misleading and inaccurate disclosures to clients through Bloomberg instant messenger.

The Bank of England has maintained interest rates at 0.5% and kept its quantitative easing programme at £200bn.

EU leaders have called for more effective action to defend the euro by increasing the hundreds of billions in the eurozone's bailout fund and extending the fund's scope to include bond-buying and short-term credit for countries in distress.

The fraud trial of Allen Stanford has been delayed in the US after a judge heard psychiatric evidence he is suffering from depression.

The FTSE 100 has opened slightly up, building on gains on Wall Street and positive employment news in the US.

The British economy grew by 0.7% in Q3, lower than the previously estimated figure of 0.8%.

England has missed out on hosting the 2018 World Cup, after FIFA awarded the prestigious prize to Russia.

A former Deloitte Tax partner and his wife have been charged with insider dealing by the SEC in the US as part of a joint investigation with the FSA.