Autumn Statement: full reaction
UK chancellor George Osborne has retreated from a plan to cut tax credits, reduced the spending of several government departments and announced steps to widen home ownership.
UK homebuilders lead FTSE 100 higher
UK homebuilders helped the FTSE 100 finish higher, as the government announced a series of measures designed to build another 400,000 homes by the end of the decade.
The forum's 45th annual meeting at Davos, in the Swiss Alps, had at the heart of its agenda a theme entitled ‘The New Global Context’ - as delegates discussed the effects of political, economic and social uncertainty on future policy making