
Buying ‘£1,300 cheaper than renting’
First-time buyers save £1,300 a year by taking out a mortgage rather than renting, according to Britain’s largest lender, the Halifax.

VIDEO: How to have a day out on the cheap
Finance reporter Kevin Peachey looks at the popularity of attractions that are both free and those that charge an entrance fee and considers how you can keep costs down on a day out.

BT warns of rise in phone bills
BT warns millions of customers it is increasing prices by up to 6.5% from December this year.

Airlines divided over crossing Iraq after MH17 crash
A split has emerged between airlines about flying over war-torn Iraq, after Malaysia Airlines flight MH17 was downed in Ukraine. The FT reports.

English councils propose ‘Tesco tax’
A group of local councils in England is formally asking the government for new powers to tax large supermarkets, a plan dubbed the “Tesco tax”.

No return to tax and spend – Miliband
Ed Miliband promises there will be no return to the tax and spend policies of past Labour governments, in a speech to Labour’s national policy forum.

Brazil leader sees no fallout from World Cup defeat
Brazil’s humiliating defeat in the World Cup will have no impact on the elections in October, President Dilma Rousseff predicts.

Shire in talks with AbbVie over $51B bid
Shire talks with U.S. drugmaker over its proposed $51 billion takeover, the Financial Times reports.