Economics

LEADER

LEADER

GOSLING'S GROUSE

The UK's headline inflation rate dropped to 1.7% in February, its lowest level since late 2009.

Royal Mail, which was recently floated on the stock exchange, has announced it is scrapping a total of 1300 roles in a cost-cutting drive, with shares falling as the initial cost of the cuts spooks investors.

Russia has said it expects outflows in the first quarter of this year to total $70bn as sanctions hit the country's economy harder than expected.

The Co-operative Bank has revealed it must raise £400m via a new share issue after discovering additional costs related to PPI mis-selling.

BlackRock has warned of ‘major risks' to the UK and Scotland if Scots vote for independence in September's planned referendum.

Russian stocks and government bonds fell today after the US and European Union increased sanctions against Russian politicians and business leaders.

Chinese stocks rebounded overnight after experiencing the biggest decline in seven months.