Renzi's Italian budget is not so tax-cutting after all

(Reuters) - Two days after Matteo Renzi presented Italy's 2015 budget it is emerging that the prime minister's claims of unprecedented tax cuts to revive a stagnant economy are not exactly as he described.

Record fall in youth unemployment pushes UK jobless rate to six-year low

A record fall in youth unemployment has pushed the jobless count to its lowest level for more than five years despite “dismal” wage growth, figures showed today.