25 July 2014
Robert Peston explains why he had "the time of his journalistic life" during the UK's economic crisis.
The bidding process for licences to extract shale gas - using the controversial process fracking - will begin later, the government announces.
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.
The UK economy grew 0.8% in the second quarter and has now recovered the ground lost since the downturn began in 2008, according to official figures.
US President Barack Obama urges lawmakers to end a tax loophole that allows US companies to avoid paying US corporate taxes.
Last Updated at 01:43 ET
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