The UK's outlook for inflation has deteriorated in the past few months, the Bank of England's boss has said.

UK unemployment rose by 14,000 to 1.61 million in the three months to March, official figures show.

Bradford & Bingley announces plans for a rights issue to raise £300m from its existing shareholders.

Sainsbury's reports a 28% rise in annual profits to £488m and is to start selling non-food items online.

Advertising firm WPP says it is disappointed after a second bid approach for research firm TNS is rejected.