Markets

Britain could lose its AAA credit rating after George Osborne admitted he will miss his target to reduce Britain's debts and have to borrow an extra £100 billion.

Deutsche Bank hid up to $12bn in paper losses during the financial crisis, helping it avoid a government bailout, former employees have claimed, according to reports.

As the Chancellor George Osborne delivered his Autumn Statement earlier today, the investment industry and press took to Twitter to give their views on the changes.

Shadow Chancellor Ed Balls has condemned George Osborne's economic plans for failing to meet the government's own targets, following the Autumn Statement.

Sterling fell against the dollar as Chancellor George Osborne announced the UK's fiscal austerity programme would be carried through to 2018.

GOSLING'S GROUSE

AUTUMN STATEMENT

Chancellor George Osborne has announced an extension of the UK fiscal austerity programme until 2017-2018 as the government failed to meet some of its debt targets.

The Office for Budget Responsibility (OBR) has downgraded its outlook for the UK economy.

UK stocks crept higher ahead of today's Autumn Statement, with the FTSE 100 nearing 5,900 points as miners lifted the market.