The yen strengthened sharply after weaker-than-expected Chinese manufacturing data prompted investors to sell Japanese stocks and buy yen.

Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.

A day after the International Monetary Fund urged the government to do more to spur growth, Britain's official statisticians have reminded economists of just how far the UK economy remains from full health.

Financial woes have prompted Flybe to cut almost all of its flights from London in a significant blow for the capital's air links to Scotland, the Channel Islands and the West Country.

There was no relief for ARM Holdings today after analysts at Exane BNP provided sceptics with plenty of ammunition for their bear case against the microchip designer.

The annual report from Britain's biggest retailer revealed that Richard Brasher, the former head of Tesco in the UK, was paid �1.3m to leave and Tim Mason, who led the company's US arm Fresh & Easy, collected �1.7m in �liquidated damages�.

David Cameron has appointed a former lobbyist for British Gas to be his personal advisor on energy and climate change. Tara Singh, whose previous role as public affairs manager at British-Gas owner Centrica involved frequent contact with the Conservative ...

Moya Greene to receive payout for steering sharp improvement in postal firm's performance last year, Sky News learns. 8:42pm UK, Thursday 23 May 2013.

Cash and carry group Booker has benefited from the horsemeat scandal as more caterers have turned away from processed meats and started making meals from scratch, according to the company.

JPMorgan's UK wealth management business has been fined nearly �3.1m for failing to keep complete and up-to-date client files, a shortcoming that put customers at risk of receiving unsuitable investment advice.