The Royal Bank of Scotland chairman, Sir Philip Hampton, has given up a £1.4m shares reward he was due later this year.

Inappropriate spending cuts could "strangle" growth, so austerity measures should be tailor-made by each country, the head of the IMF warns.

Firms face raids and fines of up to £500,000 for sending unsolicited text messages about credit or compensation.

US trade representative, Ron Kirk, has warned the US public increasingly feels global trade costs jobs, making it hard to sell any new world deal.

'Gambling' with some of the world's top investors

Davos comes to terms with a new global power

Davos veteran Rick Goings, boss of Tupperware, offers "dos and don'ts" for first-time visitors to the World Economic Forum.

Halifax and Bank of Scotland charity credit cards which have helped to raise millions of pounds will be withdrawn, Lloyds Banking Group announces

The pace of US economic growth quickened to a 2.8% annualised rate in the three months to December, the Commerce Department says.

Greece could reach a deal with its creditors over the weekend, according to the EU's Economic Commissioner, Olli Rehn.

The Chancellor George Osborne has revealed details about the new Financial Services Bill that will overhaul regulation of the sector.

Five eurozone economies, including Italy and Spain, are downgraded by rating agency Fitch, citing financial weakness during the debt crisis.

Spain's unemployment figure rose above the five million mark in the last quarter of 2011, official figures show.

US carmaker Ford has reported a surge in profits in 2011, fuelled by a one-off payment and strong sales in its home country.

Outsourcing group Serco announces it is to cut 500 jobs in the UK, mostly at the company's head office in Hampshire.

A European Parliament rapporteur has stood down in protest as a controversial anti-piracy agreement is signed by several countries.

With half the world online by 2016, the web economy in the G20 countries is set to nearly double in size to $4.2tn (£2.7tn), research suggests.

Brokers are telling new borrowers to expect mortgage rates to see-saw in the coming months, owing to economic uncertainty.

Model train and Scalextric maker Hornby issues a profits warning after sales of its train and slot-car racing sets were hit in the run up to Christmas.

BP must cover some but not all of oil rig owner Transocean's liabilities for the 2010 oil spill in the Gulf of Mexico, a US judge rules.

Payday lenders and other providers of short-term credit will face much tougher regulation when a new watchdog starts work.

The Italian firm that owns the stricken cruise ship Costa Concordia reaches an agreement on compensation with several Italian consumer groups.

No fines will be handed out to anyone who submits their self-assessment tax returns online in the first two days of February.

The US and UK should provide more cash to the IMF, the European Union's Economic Commissioner, Olli Rehn, says.

The head of the European Central Bank says the situation in the eurozone has improved since its intervention, but credit remains "seriously impaired".

Retail sales fell in January as shoppers reined in their spending at the start of the year, the CBI says.

South Korea's Samsung Electronics announces a 17% rise in profits in the last three months of 2011, as smartphone sales boosted earnings.

The pubs chain and brewer Marston's reports "strong" trading over the Christmas period, with higher sales of food and drink.

Intel is paying $120m (£76m) for RealNetwork's video patents. Experts say it undermines claims that a "patent bubble" has burst.

Harry Redknapp told police he has paid "fortunes in income tax" and did not "fiddle anybody", a court hears.

London 2012 organisers take control of the Olympic Village site in a ceremony to mark six months until the Games begin.

Relocating to a new stadium would not necessarily guarantee Lincoln City's long-term future, warns a football finance expert.

Companies who send out spam texts are being warned that investigating them is a high priority

Key to Egypt's economic success is getting its millions of young people into jobs.

In this week's Your Money, Declan Curry asks is it cheaper to buy or rent and gets advice on how to make your savings work harder - if interest rates stay low.

The prevailing mood at the World Economic Forum in Davos this week has been one of measured optimism, but there are still questions over whether EU leaders will agree the terms of a new fiscal pact and bail-out fund when they meet in Brussels on Monday.

Brandy Yanchyk goes after adventure at the Waitomo Caves in New Zealand, experiencing the steepest abseil in the world into the black abyss of an underwater river.

Speaking from Davos, financier George Soros has warned that Europe is likely to face a "lost decade" and is concerned that the EU may be destroyed by austerity measures.

Newsnight's economic forum in Hemel Hempstead.

Dame Ellen MacArthur is in Davos to promote a new sustainable approach for the economy.

Why ending the lost generation 'disaster' matters

What has RBS boss Stephen Hester achieved?

Keeping systems safe from attack

Is Pakistan's economy in danger of potential collapse?

What investments can help you beat inflation?

Does a financial crisis pose danger or opportunity?

How Peacocks collapsed under a mountain of debt