U.S. Treasury yields are sharply higher and the dollar is strong but global stocks and emerging-market assets are weak after Federal Reserve Chairman Ben Bernanke set the stage Wednesday for a gradual tapering of the Fed's measures to stimulate the U.S.

The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.

LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.

Mr Paterson said that GM offers �wonderful opportunities� that could benefit human health and the environment. He said GM production in the UK would mean less spraying of pesticides and less intensive farming.

Dixons Retail has announced a �115.3m pre-tax loss in its annual results, only marginally better than �118.8m last year. However, the owner of PC World and Currys has said underlying profits are much better - up 39pc - while group sales rose 4pc in the full ...

In his Mansion House speech to the City's great and good, the Chancellor said the Government would urgently investigate the case for splitting up RBS and creating a so�called "bad bank" of risky assets.

Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.

LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.

Stansted Airport is to be given an �80m redevelopment of its terminal building, including new security facilities and a larger departure lounge.

Banks and building societies were today blasted by a consumer watchdog for making it virtually impossible to work out the true and total cost of a mortgage.