Dalian Wanda Group, a Chinese property developer, says it will spend £1bn ($1.6bn) to buy a British yacht maker and property in London.

The average single person in their twenties will now have to save for over 14 years before they can buy a home, says the housing charity Shelter.

Deloitte Financial Advisory Services is suspended for one year from doing new consulting work in New York after regulators criticised its work at Standard Chartered.

The Bank of England governor was outvoted again at his final monetary policy committee meeting, with the body voting 6-3 against more stimulus measures.

The IMF offers free online university courses