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First Milk reassurance over crisis

First Milk is a co-operative owned by British farmers

The UK's largest diary firm reassured farmers today that the financial crisis which led to it delaying a £10 million payment earlier this month is over.

US GDP growth slower than UK

US gross domestic product (GDP) rose by 2.4 per cent in 2014, figures show (AP)

The UK's claim to be the fastest growing major economy last year was today cemented by official figures confirming that US gross domestic product (GDP) rose by 2.4% in 2014.

Ex-Bank chief tells of 'scary time'

Sir Charlie Bean was knighted for services to monetary policy and central banking

A former deputy governor of the Bank of England has described the global financial crisis that brought economies to the brink of collapse as a "very scary time".

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