The International Monetary Fund has warned Chancellor George Osborne that the UK is �still a long way from a strong and sustainable recovery�, sending the pound tumbling against the dollar.

Furious consumer groups demanded an immediate cut in energy bills today after one of Britain's biggest suppliers revealed a 28 per cent profit surge boosted by the past year's cold weather.

The following is the text of Canada's retail sales report for March as released by Statistics Canada. Retail sales were flat in March, holding at $39.5 billion.

By Matt Scuffham. LONDON | Wed May 22, 2013 2:30pm BST. LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to ...

Nationwide has revealed plans to raise up to �500m of extra capital, prompting speculation that it may go shopping for acquisitions.

Google's boss has told UK politicians to "sort out" the tax system, after criticisms of the internet search giant by Labour leader Ed Miliband.

Ed Davey, the UK energy secretary, has warned that Scotland could lose billions of pounds in subsidies for renewable energy projects if it voted for independence, putting its green energy revolution at risk.

A �5bn hole in the public purse has been caused by the failure of HM Revenue and Customs to clamp down effectively on fraud and error, MPs warn on Wednesday.

When Apple Apple CEO Tim Cook testified before a U.S. Senate panel yesterday about allegations that the technology giant had engaged in massive tax evasion, there was no sign on Apple's corporate website of this headline-making news story.

THE SCOTTISH Government today gave the green light for the world's largest wave power scheme to be developed in the stormy seas off the coast off Lewis.