Inappropriate spending cuts could "strangle" growth, so austerity measures should be tailor-made by each country, the head of the IMF warns.

In this week's Your Money, Declan Curry asks is it cheaper to buy or rent and gets advice on how to make your savings work harder - if interest rates stay low.

The Royal Bank of Scotland chairman, Sir Philip Hampton, has given up a £1.4m shares reward he was due later this year, the BBC learns.