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A minimum wage can be beneficial ... as long as it's set at the right level

So is Tidjane Thiam right about minimum wage rules? The chief executive of the Prudential was outspoken in his criticism of minimum wage legislation at a high profile debate at the World Economic Forum in Davos.

Spain's Finance Minister Cristobal Montoro admits unemployment rate has jumped to 24pc

Spain's unemployment rate has jumped to nearly 24pc in the fourth quarter, Finance Minister Cristobal Montoro said on Thursday, confirming that the country is still in the throes of a long and painful economic crisis.

G4S swamped by 20,000 applications for Olympics roles

Security giant G4S has already received 20,000 applications for half as many security jobs at the London 2012 Olympic Games - and it has only just opened its official recruitment centre.

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