The British Chancellor’s attempts to “re-set” Britain’s banking system still do not go far enough, a panel set up following the industry’s Libor-fixing scandal said today.

Shoppers in the UK have continued to keep their spending in check despite recent signs of hope for the UK economy, the British Retail Consortium said today.

British Chancellor Alistair Darling warned today that an age of "low growth and austerity" lies ahead if the Conservative Party win power at the election.

In the week British Chancellor Alistair Darling made a bold bid to get shoppers spending again, retailing casualties are sprawled across the corporate landscape.

Ryanair has called on British Chancellor Gordon Brown to withdraw the £10 (€15.30) APD tax that will have to be paid by passengers in the UK from next month.