The Ernst & Young ITEM Club said �the persistence of high inflation could undermine the Monetary Policy Committee's credibility� and �tie [its] hands�.

With the $1.1 billion acquisition of Tumblr apparently wrapped up and ready to be announced Monday morning, Yahoo Yahoo and its hard-charging CEO Marissa Mayer are making a big bet that the Internet pioneer can return to relevance.

Prime Minister David Cameron has urged British overseas territories to "get their house in order" and sign up to international treaties on tax.

... Off. � UK business chiefs say 'we need to stay in EU' � Sir Mervyn King: stop 'demonising' bankers � Inflation 'may hamper Carney', warns ITEM Club � Yahoo agrees to buy Tumblr for $1.1bn � M&S under tax spotlight over Irish arm � Google chief criticises ...

Marks & Spencer has become the latest in a string of UK companies to face criticism from tax campaigners over the way it structures its online sales to Europe - with one describing its sales operation as similar to that of the internet retail giant Amazon.

LONDON�An independent Scotland would have an exceptionally large banking sector compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk if the country is hit by another ...

The number of empty shops on Britain's high streets has surged to a new high of 11.9 per cent, a survey suggests today. The percentage of vacancies in April worsened from 10.9 per cent in January and was the highest rate since the British Retail Consortium ...

Ed Miliband has vowed to rip up the rule book as prime minister and go it alone if there is no international consensus to tackle multinationals engaging in massive tax avoidance.

By Masayuki Kitano. SINGAPORE | Mon May 20, 2013 2:08am EDT. SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to ...

House asking prices have soared to a new high showing further signs of confidence returning to the market, a property website reported today.