Calling for an immediate stimulus to �offset� the austerity scheduled for 2013, David Lipton, the IMF's deputy managing director, said: �We suggest the Government bring forward planned capital spending and consider measures such as reducing the effective ...

Eric Schmidt, Google's executive chairman, said "I don't think companies should decide what tax policies should be. Governments should.

George Osborne yesterday revealed that the Government will set out its strategy �to return RBS and Lloyds to the private sector� after the Parliamentary Commission on Banking Standards' final report is published next month.

By Alistair Smout. LONDON | Wed May 22, 2013 5:07pm BST. LONDON (Reuters) - Growth sensitive sectors drove FTSE 100 to fresh 13 year highs, receiving a boost after the top U.S.

US markets surged to record highs on Wednesday as US Federal Reserve chairman Ben Bernanke said the American economy was in better health than a year ago, but warned that slamming the breaks on its fiscal stimulus package would jeapordise the ...

Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.

Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.

It recorded a pre-tax profit of $35m (�23m) compared to a loss of $117m last year. Revenues slid 4pc, however, to $1.9bn on the tough economic climate in its main markets, partly caused by a continuing slump in tourism in the Caribbean.

Energy giant SSE today warned of higher bills ahead as it posted a 27.5pc rise in profits to �410m for energy supply business. The company, which raised electricity and gas prices by an average 9pc in October, said: "Unless there is a sustained reduction in ...

Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.