Much of the local road network could become unusable should there be more flooding or another severe winter, highways bosses are warning.

FRESH hopes that United States policymakers will reassure over the country’s vast money-printing programme fuelled another day of gains for the London market today.

An agreement sealed by leaders of the G8 nations meeting in Northern Ireland can "rewrite the rules" on tax and transparency to benefit countries across the world, David Cameron said.

The squeeze on consumers intensified last month as soaring air fares and more expensive clothing and footwear lifted inflation higher than expected.

Agreement has been reached by world leaders at the G8 summit on new action to tackle money-laundering and "shell companies" which are used to evade tax, Downing Street has said.