European leaders meet amid pressure to rein in the EU budget and set up a scheme to prevent future debt crises.

Ten EU countries back the UK's call to limit an increase in the EU budget to 2.9% - well below the rise that Euro MPs called for.

EU leaders agree tough rules for eurozone countries and set up a permanent fund to support the euro, as they aim to avoid another financial crisis.

EU leaders say tough new budget rules agreed at their summit in Brussels will protect the euro from a future Greek-style debt crisis.

The US economy saw slightly faster growth in July to September, official figures show, but the pace of recovery remains sluggish ahead of next week's key mid-term elections.

A security alert is under way in both the UK and the US after reports of a suspicious cargo package at a British airport.