The beleaguered UK economy is showing signs of growth after four quarters of contraction, Bank of England Governor Mervyn King has said.

UK shares were virtually flat in morning trade, one year on from the collapse of Lehman Brothers.

UK inflation has fallen to its lowest level in over four years, according to official statistics.

Wall Street shares dipped as markets opened as a trade spat between the US and China escalated.

Tesco has expanded its clout in the insurance market through a deal with financial services firm Fortis.

Just 3% of mortgage borrowers who fall into arrears end up losing their homes, according to the Building Societies Association (BSA).

Lending to house buyers jumped in July from the year before, according to figures from the Council of Mortgage Lenders, adding to evidence of a revival in the UK housing market.

Adviser complaints against mortgage lender service levels and practices have jumped by almost two thirds in the past twelve months, according to Sesame.

Britain could be forced to bail out one or more of its offshore tax havens at huge cost, according to early drafts of a Treasury report, because the economic crisis has wrecked their finances, according to the Guardian.

I caught the tail end of the last episode of this series of Dragons' Den.