In a bid to stave off discontent and rebellion from WPP shareholders, chief executive Sir Martin Sorrell has agreed to a lowered salary as well as a 20% reduction in his bonus package following a £17.6m pay-day last year, a 47.6%  increase over the £11.9m he earned in 2011.

Swiss bank UBS is suing Nasdaq over "gross mishandling"over shares purchased during the infamous Facebook IPO flotation - which helped the company to a loss of 130m Swiss Francs.

A survey of more than 200 major companies has found that 76% of recruiters ask for at least a 2:1 from graduate applicants - up from 52% eight years ago.

The annual review of overseas investors from Ernst and Young found that the UK's dependence from Wall Street investors has led to a drying up of spending, according to the Guardian newspaper.