BT boss Ian Livingston is to replace Lord Green as trade minister after five years as chief executive of the British telecoms group.

The long-awaited report by the Parliamentary Commission on Banking Standards has been published. The review was commissioned in 2012, following a number of scandals in the banking industry.

By Olesya Dmitracova and David Milliken. LONDON | Wed Jun 19, 2013 12:43pm BST. LONDON (Reuters) - Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way because of uncertainty about the ...

By David Brett. LONDON | Wed Jun 19, 2013 12:25pm BST. LONDON (Reuters) - Britain's top shares edged lower by midday on Wednesday and investors were reluctant to make bets before U.S.

Chinese property developer Dalian Wanda Group has said it will spend more than �1bn ($1.6bn) to buy a British yacht maker and develop a hotel in London.

Royal Mail workers have voted strongly against the government's proposals to privatise the postal group. Of the 112,000 workers who voted - a 74% turnout - 96% rejected the plan, which could see the firm float on the stock exchange next year.

The company, which has built 12,000 homes in more expensive housing areas since 2009, said future investments would be increasingly weighted towards a small number of higher value properties.

By Paul Sandle. LONDON | Wed Jun 19, 2013 7:40am EDT. LONDON (Reuters) - Imagination Technologies, the British chip designer whose graphics technology is in smartphones from Apple and Samsung, reported lower full-year profits as licensing slows.

Passenger satisfaction on London commuter services has fallen because travellers are increasingly frustrated by late-running trains, according to a major survey published today.

The chairman of Lloyds Banking Group has told MPs that there was no political pressure for the bank to select the Co-operative Group as the preferred bidder for the hundreds of branches it must sell under state aid rules.