Royal Bank of Scotland (RBS) and HBOS were secretly kept afloat with £62 billion of emergency Government support at the height of the credit crisis last year, it was revealed today.

The number of mortgages approved for those buying a new home has almost doubled during the past year, but experts warn lending will be restricted next year.

Nomura has been fined £1.75m for poor controls by Britain's Financial Services Authority that came to light after a £10.8m mis-marking incident by a trader.

By Jon Menon Nov. 24 (Bloomberg) -- Lloyds Banking Group Plc, the UK's biggest mortgage lender, plans to raise a record 13.5 billion pounds ($22.3 billion) in the country's biggest rights offering, selling shares at a 59.5 percent discount.

By Lilly Vitorovich and Elliott Ball LONDON (Dow Jones)--Informa PLC (INF.LN) said Tuesday it is in talks with the private-equity owners of Germany's Springer Science and Business Media about a possible takeover, more than a year after the UK-based ...

Durex maker SSL International is one of the top risers on a lower FTSE 250 this morning after its results showed unexpectedly big returns from its new Russian business and it flagged up a boost from changing attitudes to sex around the world.

Shares in Topps Tiles (TPT.L) shed 5 percent as a raft of brokers maintain their negative stance on the tile and wood flooring retailer as the company announces a 45 percent fall in year profit and plans for a share placing.

By CHRISTINA PASSARIELLO And MIMOSA SPENCER PARIS -- When he bought Italian fashion house Gucci NV a decade ago, French billionaire François Pinault steered his family's lumber and distribution business into the high-profile, high-profit world of ...