Sir Mervyn, who presented his last quarterly forecasts last week, said �what bankers did is not the only explanation of the crisis that we had.

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.

Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.

The Sunday Telegraph understands that the leading City figure and chairman of Centrica is favoured by the board's nominations committee and Nick Rose, the senior independent director leading the search for a replacement for the present chairman, Dick ...

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 in the event of the country being ...

Lloyds Banking Group 62.84p. Questor says Hold. Lloyds shares have enjoyed a phenomenal run over the past 12 months. It seems difficult to believe that just last May the stock was trading below 25p - last week it traded above 60p for the first time since ...

Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.

Eurasian Natural Resources Corp.'s three founding shareholders sent a letter with details of a planned bid for the company at a price of less than 300 pence a share to its independent committee of directors, according to people familiar with the matter.

The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.

Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.