UK Chancellor George Osborne’s plans to slash corporation tax, in the battle for overseas investment, would wipe out the effects of Brexit and boost FDI by more than 10%, a think-tank claims.

The meeting of Eurozone finance ministers to settle Greek’s bailout deal has been postponed.

A spokesperson for the European Commissioner for Economic Affairs Olli Rehn has said there is nothing to indicate that a second bailout will be needed for Ireland.

THERE are signs France was prepared to respond to pressure from its fellow eurozone members and move towards reducing its proposed budget deficit for next year.