UK government hits borrowing target in 2013-14

The UK government borrowed £107.7bn in the financial year to April 2014, lower than the £115.1bn amount it borrowed the previous year.

India warns over UK plan to make visitors pay £3,000 bond

Indian business leaders have criticised plans to make visitors pay a £3,000 "security bond" to enter the UK. The idea, to be piloted from November, is aimed at deterring people from "high risk" countries staying in the UK once their short-term visas expire.

IMF calls for UK government to stimulate growth

The International Monetary Fund has called on the UK government to take more action to boost the economy, which it warns is "still a long way from a strong and sustainable recovery".