Toyota recalls thousands of hybrid cars worldwide, including 8,500 in the UK, because of braking problems.

Hector Sants, chief executive of the Financial Services Authority, announces he is to step down as head of the City regulator.

The BBC reveals the total amount paid to its performers who broadcast on radio and television.

Toyota recalls thousands of Prius cars in Japan because of braking problems, in the latest blow to the world's largest carmaker.

General Motors' Opel unit announces plans to invest 11bn euros ($15bn; £9.7bn) in new cars over the next five years.

Swiss bank UBS reports its first quarterly profit for a year, helped by lower costs and a large tax credit

Activity in the UK housing market was frozen by the icy weather in January, surveyors say, but prices continued to rise.

Royal Bank of Scotland and Lloyds are criticised by MPs for failing to lend enough to homeowners and businesses.

UK retail sales described as 'awful' as the icy weather and the unsteady economy keep shoppers at home.

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