World stock markets fell sharply on Thursday and UK government borrowing costs hit a 15-month high after the chair of the Federal Reserve gave the clearest signal yet that America's huge stimulus package will be slowed this year.

The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.

LONDON�U.K. consumer spending is picking-up despite weak wage rises, as a revival in the housing market makes Britons feel richer.

The boss of Currys and PC World owner Dixons Retail today declared the retailer was moving from �survivor to winner� as a boom in tablet sales sent UK profits flying.

By Alistair Smout. LONDON | Thu Jun 20, 2013 12:05pm BST. LONDON (Reuters) - Britain's top shares slid to five-month lows on Thursday, led by miners after the U.S.

Britain would be acting immorally if it did not make GM crop technologies available to poor countries, Owen Paterson told international crop scientists in a major speech that was dismissed by his opponents as "agribusiness propaganda" but was welcomed by ...

Passengers travelling through the Channel Tunnel are being ripped off, the European Commission (EC) said today. The EC called on Eurotunnel, the owners of the rail link, to slash its �excessive� �32 per passenger return levy plus per train fee to use the ...

Tom Hayes, the former UBS AG (UBSN) and Citigroup Inc. (C) trader, conspired with employees of at least five other banks and three interdealer brokers over a four-year period to manipulate Yen Libor rates, prosecutors said.

NEW YORK | Thu Jun 20, 2013 9:00am EDT. NEW YORK (Reuters) - Manufacturing activity growth slowed slightly in June as the pace of hiring and overseas demand weakened, making the second quarter the weakest for the sector in the last four, a survey ...

The UK property market is most defintiely on an upwards trend, according to the latest mortgage figures from the Council of Mortgage Lenders.