Defence giant BAE Systems is to cut up to 371 jobs as the firm slows production of its Typhoon jet fighters.
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Business Blog
The UK's tax authority will close 137 local offices and replace them with 13 regional centres, raising fears over job losses.
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The number of council homes sold under the right to buy scheme more than doubles in two years and returns to pre-recession levels.
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Shares in UK retailer Halfords fall 9% after it reported a near 6% drop in half-year profits on lower bicycle sales.
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Greek workers stage their first general strike against austerity since Alexis Tsipras's left-wing Syriza government came to power in January.
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Despite a difficult environment, luxury brands Hermes and Burberry issue financial results that beat forecasts.
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