Britain is predicted to have a surplus of £23bn by 2019-20, Autumn Statement reveals

In his opening remarks the Chancellor has indicated that he will tighten the public finances, as expected, in what some economists believe will be a ‘last push’ on fiscal consolidation in the UK.

UK services PMI charges past forecasts, Markit reveals

UK services activity grew more than forecast in November, Markit has revealed in its purchasing managers' index (PMI) report.

BP and Shell shares surge on merger speculation

The share prices of BP and Royal Dutch Shell surged on Tuesday afternoon on the back of market chatter that the two oil majors could be looking to merge.

Russian finance minister says current rouble rate undervalued

Economics Development Ministry forecasts not Russian government position - Interfax

Russian rouble weakens 2.4% to 52.09 per US dollar

Moody's cuts Amazon's outlook to negative from stable

Moody’s has cut its outlook on Amazon to ‘negative’ from ‘stable’ after the online retailer said it was issuing unsecured notes.

US ISM manufacturing gauge eased to 58.7 for November

Manufacturing sector growth in the US eased ever so slightly in November, alongside a sharp drop in a measure of the prices paid by companies.