Getting young people into work using a tax on bankers' bonuses is a major priority for Labour, leader Ed Miliband has said at the launch of the party's local election campaign.

Greece's prime minister has defended austerity measures that include painful wage and pension cuts but would ensure the country receives a 130 billion euro (£109 billion) bailout deal and stave off bankruptcy.

Lehman Brothers Holdings is suing several units of Citigroup to recover 2.5 billion US dollars it transferred to a back-up account at Citi months before seeking bankruptcy court protection.

Asian stock markets dropped today after Europe's finance ministers demanded more spending cuts from Greece before clearing a 130 billion euro bailout to stave off the country's bankruptcy.

Barclays was accused of ignoring anger over bonuses and running "business as usual" as it revealed a £1.5 billion pot for investment bankers.

Thousands of jobs will be lost unless the Government halts plans for a "punitive" tax rise on beer, industry leaders have warned.

The stock market finally got a deal in Greece, but it did not produce much of a rally.

One of the UK's biggest property firms said occupancy and footfall at its out-of-town shopping centres continued to improve amid evidence shoppers are deserting high streets.

A surprise jump in factory output has boosted hopes of a trading revival within Britain's under-pressure manufacturing sector.

The owner of Mecca Bingo has said it is attracting more and younger customers after reporting a surge in profits and sales in the final six months of last year.

The UK's biggest pub landlord has warned its publicans to be braced for a tough year ahead as costs increase and consumers face further economic uncertainty.

London's leading shares index has crept higher after Greece took an important step towards avoiding a default and the Bank of England said it would pump £50 billion into the economy.