The Co-operative Bank has been ordered to shore up its balance sheet by axing £5.5 billion in loans after it failed a Bank of England stress test.
The Bank found that a severe downturn with house prices plunging 35% would wipe out the Co-op's capital because of the effect on its risky commercial property and sub-prime home loans.
The former chief executive of JJB Sports has been jailed for four years for pocketing £1 million in a "very greedy" fraud.Read the full story ›
Tatton MP and Chancellor George Osborne say he has a grand plan for the North of England - he calls it 'The Northern Powerhouse' - but do voters here plan to keep him in his powerhouse in Westminster come May?
The Conservative Party hopes Mr Obsorne's commitment to invest more in rail, road, arts and science in the North West will be rewarded with more North West MPs at next year's General Election.
But are voters in the key marginals convinced?
Our political reporter Daniel Hewitt has been to Bolton West, the region's most marginal constituency, to gage opinion.
Tune in to Party People tonight on ITV at 23:40 for reaction from MP's Nigel Evans, Julie Hilling and Andrew Stunnel.
Work has been completed on the first property to be refurbished as part of Liverpool's pioneering Homes for a Pound scheme.
Jayalal Madde, 49, was the very first applicant to be allocated a house last year under the city council's pilot scheme to sell 20 of its properties for just £1. He will be giving Mayor Joe Anderson a guided tour of his house on Cairns Street in Granby ahead of moving into the property in time for Christmas.
Three years ago it was facing possible closure, but today Vauxhall's Ellesmere Port plant has produced its five millionth car. 50 years after the plant opened, some of its 18 hundred staff applauded the red Astra off the production line. They'll soon be building the new model which should secure the plant's future.
The 5 millionth car to be produced at Vauxhall's Ellesmere Port plant in its 50th year of production.
A single mum from Sale Moor who started her top trend handbag business at one of the lowest points in her life has opened the shop she won in a competition.
Tracey Gibbons, 33, mum to Abbigail, 11, and Sophie, 2, narrowly took the top slot in the Dragon’s Den style competition entitled Win A Shop.
Her prize is a unit at the busy Stretford shopping hub free from rent, rates, insurance fees and service charge for six months and the doors opened today which is Small Business Saturday.
Tracey was one of more than 20 applicants who entered the contest and her dream of opening her own shop has become reality quicker than she thought.
“I am just so very thankful for this opportunity and the fact I will now have a proper, permanent base for my customers to come and visit me and see my bags, will be a tremendous step forward for me.
“It’s still sinking in because I have really wanted to take this step and make it happen but it is so hard when you have all those start-up costs to turn it into a reality.”
A former shipyard worker from Aintree jailed after an industrial dispute thirty years ago is taking his fight to clear his name to the European Parliament.
Eddie Marnell is one of 37 men arrested at Cammell Laird in Birkenhead during a strike over redundancies in 1984.
Cammell Laird is now an entirely different company under different management.
But Eddie has won the right to have his petition considered in Brussels.
Daniel Hewitt reports.
Derelict buildings in Manchester and Liverpool are to be handed over to artists and entrepreneurs, under a Government scheme to revitalise run-down areas of northern cities.
The Deputy Prime Minister, Nick Clegg, announced the move on a visit to Berlin, where a similar project has turned unused land and buildings into work space.
He wants pop-up shops, start-up businesses and charities to takeover vacant buildings temporarily. Councils and land-owners will be asked to match sites with potential users.
"Leaving useful land in the north to languish is not only bad for business, it can hamper the success of an area in so many ways. Which is why I want to see empty buildings brought back to life and back in business.”
The north of England has nearly twice as many hectares of previously developed vacant land and buildings as the south. Mr Clegg is setting up a working group of councils, businesses and charities, to report back in January.
"We need to understand what stands in the way of some of the most incredible space in the country being used and make things more flexible so that we can fill these buildings with artists, start-ups, and other entrepreneurs to restore the buildings' purpose and appeal."
Some areas and buildings have already been identified in Manchester, including plots on King Street, Cross Street, Deansgate and Piccadilly Place.
In Liverpool, the ABC Cinema, Lyceum Post Office and The Oratory are among the sites being considered.