'Community banks' to avert debt trap
The best credit unions should be empowered to offer short-term loans that are cheaper than those offered by payday lenders, according to a report from a think tank.
UK economy back at pre-crisis level
The UK economy grew 0.8% in the second quarter and has now recovered the ground lost since the downturn began in 2008, according to official figures.
RBS shares surge on surprise profit
Shares in Royal Bank of Scotland have jumped 11% after it said it expects pre-tax profits to double to £2.65bn for the first half of the year.
US firm withdraws Mothercare offer
US retailer Destination Maternity withdraws a takeover offer for Mothercare, saying it was clear shareholders wanted a "significant increase" in the offer.
BSkyB pays £5bn to create Sky Europe
BSkyB wants to take over Rupert Murdoch's pay TV companies in Germany and Italy in a move that would create a company with 20 million European viewers.
Disabled face 'living costs penalty'
People with disabilities face a "premium" of £550 a month owing to extra transport, insurance and living costs, a charity has claimed, prompting a commission to be launched.
Brazil frees up $13bn for economy
In a bid to stimulate the sluggish economy, the Brazilian central bank announces plans to reduce the amount commercial banks have to keep in reserve.
IMF lowers global growth forecast
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.
Grouse off the shelves at M&S
Marks and Spencer says it will not be selling red grouse this year after concerns about the way in which the game birds are killed.