Cameron to hint at assault on tax credits in welfare speech

David Cameron is to deliver his strongest hint yet that he intends to launch an assault on tax credits as he pledges to end the “merry-go-round” of welfare payments that means low wages are topped up by the state.

The UK's widening trade gap is worrying – but hardly a shock

Disappointing and worrying but hardly a shock. That's the way to look at the latest set of UK trade figures showing the biggest deficit for a year.