Sterling has slumped to an eight-year low against the euro, as Brexit uncertainty and strong economic data from the Eurozone hit the UK currency.

THE European Investment Bank (EIB) has said it will not be playing a direct role in the creation of any future Northern Ireland Investment Fund.

The number of people claiming unemployment benefits in Northern Ireland has fallen by 600 in the space of just a month.

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THE number of people claiming unemployment-related benefits dropped by 1,000 in August, meaning they have decreased by 10,400 over the year to 42,000.

UK growth bounced back in the second quarter of 2015 as gross domestic product (GDP) increased by 0.7 per cent, according to official figures.

Prices in Northern Ireland recorded an upswing of 10.5 per cent over the last year. Values in London have pushed up at less than half this rate, by 4.7 per cent.

THE Republic's banking chief has said he knew the country would apply for a bailout three weeks before it was agreed in late 2010.