Markets

A member of the Monetary Policy Committee told the Treasury today that "all of the discussions" at the Bank of England are about extending the quantitative easing programme rather than slowing it down.

Investors in the failed Arch cru fund range have received a further return of £17.6m of their capital as the directors now at the helm wind down the company.

BIG QUESTION

MONETARY POLICY

UK CPI inflation rose from 2.7% to 2.9% in June, with the largest upward contributions coming from petrol, clothing and footwear.

Pharmaceutical giant GlaxoSmithKline spent over £320m bribing Chinese doctors to prescribe its products, according to the country's police.

The Institute of Economic Affairs (IEA) is holding a competition to find the best plan for a 'Brexit' - a UK exit from the European Union.

A global law firm has criticised today's proposal by business secretary Vince Cable to introduce a new corporate law to punish directors of failed companies.

HSBC Global Asset Management (HSBC GAM) is to roll out a series of funds tracking indices it recently launched which aim to lower volatility.

The row between M&G and AIM-listed oil group Gulf Keystone Petroleum (GKP) worsened over the weekend after the energy company sent a highly critical note to shareholders.