George Osborne yesterday won backing from the International Monetary Fund, as it welcomed improvements in the economy. It will come as a relief to the Chancellor who was last month heavily criticised by the watchdog's chief economist for sticking to his ...

Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...

The supermarket chain Morrisons enjoyed a day in the sun last week after it unveiled a 25-year, �170m licensing deal with Ocado to help it launch food online next year.

Profits at the energy giant SSE surged by 28 per cent on the back of a cold winter that left millions struggling to heat their homes.

Cable & Wireless Communications, the telecoms group that traces its history back to the early days of the British empire, is to leave the UK after more than 140 years and move its headquarters across the Atlantic.

A company headed by an Irishman and using wind energy technology first designed in Queen's University Belfast has been granted planning permission by the Scottish government for the world's largest commercial wave farm.

Nationwide has grabbed a record share of the mortgage market after seeing a big rise in the number of first-time buyers joining the property ladder.

The pound slammed into reverse on Wednesday as a sharp fall in high street sales dented hopes Britain is on the road to a steady recovery.

The move is the latest blow to Italy where the new coalition government of Enrico Letta is seeking to staunch an outflow of investment amid a recession of nearly two years.

There were 55 beaches deemed to have a water quality good enough to be given a flag this year, compared to 79 last year. For 2013, beaches had to meet a new �excellent� standard imposed by the EU under the EU Bathing Waters Directive.