Britain's banking bosses should face jail if their decisions force fresh bailouts, the Parliamentary Commission on Banking Standards says today.

The Group of Eight leading industrialized nations agreed to proposals to tackle tax avoidance and evasion that call for new laws to stop businesses from shifting profits across borders and urge greater transparency about company ownership.

A call centre made famous by a BBC reality TV series has been fined �225,000 for harassing families with nuisance calls. The BBC has portrayed the company's millionaire boss 'Big Nev' Wilshire as a lovable rogue, a consumer champion and even a hero.

LONDON - London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said.

The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a �1m pay cut to become the new Bank of England Governor's top enforcer.

Tue Jun 18, 2013 7:29pm EDT. (Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S.

Google, Amazon and other multinational corporations will be banned from shifting profits around the world, in terms of a tax crackdown announced by world leaders yesterday.

When it comes to the high street, few can rival Bill Grimsey's footfall. �Veteran retailer� is the phrase he uses to describe himself on the cover of Sold Out, his hard-hitting manifesto on the future of the high street that is attracting the attention of ministers and ...

A community garden in Whitley Bay, North Tyneside, which has won Britain in Bloom awards, has been earmarked for demolition because council bosses believe it is a health and safety risk.

LONDON�Prosecutors here plan to file criminal fraud charges against a former trader at UBS AG and Citigroup Inc. who allegedly was at the center of efforts by several banks to manipulate interest rates, people familiar with the plans said.