Worst October borrowing in six years
Craig TaylorThe government is making slow progress on meeting the annual borrowing forecast as official figures revealed the worst October public sector finances for six years. BBC News – Business
Business
HBOS: 10 executives could face ban
A report into the collapse of the High Street bank HBOS says regulators should consider banning up to 10 former executives from working in the City. BBC News – Business
UK’s coal plants ‘to close by 2025’
The UK’s remaining coal-fired power stations will be shut by 2025, energy secretary Amber Rudd is expected to say later. BBC News – Business
Stock markets shrug off Paris attacks
European and US stock markets remain resilient after the attacks in Paris but airlines and leisure shares suffer falls. BBC News – Business
Northern Rock mortgages sold for £13bn
The government sells £13bn of former Northern Rock mortgages that taxpayers acquired during the financial crisis. BBC News – Business
Record oil glut stands at 3bn barrels
A record oil stockpile of three billion barrels will not be cleared until well into next year, the International Energy Agency said. BBC News – Business