Sir Mervyn King, in an interview with Sky News, said the Help to Buy scheme, announced as part of the Budget in March, was not part of a �healthy mortgage market�.

Ocado chairman Sir Stuart Rose - the former chief executive of Marks & Spencer - has seen his wealth jump by �1.5million after the delivery group's deal with Morrisons.

An EU crackdown on bankers' bonuses in the City of London will just lead to a surge in basic salaries and other initiatives to circumvent regulations, experts warned on Saturday.

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.

The economic benefits of the HS2 high-speed rail project are unclear, the National Audit Office (NAO) has warned. In a report, the NAO said it had "reservations" about how the planned high-speed rail link would deliver growth and jobs.

Britain's green energy 'folly' will cost every family an extra �600 a year by 2020, a report warned last night. The cost to consumers of green energy subsidies will exceed �16billion a year within seven years, according to a leading industry analyst.

One of the most dramatic shareholder revolts in recent years was staged on Thursday when City veteran Sir John Bond was ousted from the board of Glencore Xstrata and replaced as chairman by Tony Hayward, the former BP boss whose reputation hit rock ...

Amazon's UK subsidiary paid �2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of �4.3bn.

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.

SCOTTISH electricity company SSE is investing �200 million in the acquisition and development of a wind-farm project at Dunmaglass near Loch Mhor, about 15 miles south of Inverness.