Labour's Chuka Umunna slams government export schemes

Two major government export schemes have failed to help a single firm, the shadow business secretary has said.

Prime Minister hails 'historic' global trade deal which 'will give £613billion boost to world economy'

Prime Minister David Cameron has hailed a 'historic' global trade deal which he said could be worth £1 billion a year to British businesses and be a 'lifeline' for the world's poorest people.

OECD: UK has begun slide into double-dip recession

Britain has already begun to slide back into recession, the Organisation for Economic Co-operation & Development (OECD) has warned, as it predicted that the Bank of England will pump another £125bn into the economy to try to salvage the recovery.