The Bank of England's new banking regulator has demanded that Britain's banks find an additional �13bn of capital on top of the balance sheet strengthening measures they were already planning this year.

A top businessman who threw his weight behind the Government's savage cuts is to be made an unelected minister and handed a peerage.

The prospect of an eventual �tell Sid�-style sale of shares in Lloyds Bank was raised by George Osborne as he claimed Britain's economy had emerged from �intensive care�.

If you missed Bernanke's press conference last night, I covered it in last night's liveblog, from around 7.30pm. There's also details of the Fed's monetary policy decision, and its new economic forecasts (it's more optimistic about the US labour markets) from 7pm ...

BEIJING | Wed Jun 19, 2013 6:56am EDT. BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, ...

LONDON | Thu Jun 20, 2013 7:18am BST. LONDON (Reuters) - Dixons Retail (DXNS.L), Europe's No. 2 electricals retailer, posted a 15 percent rise in underlying year profit, with sales growth in Britain and northern Europe offsetting falls in the austerity-hit ...

The Environment secretary will say that using GM will make use of farm land and �free up space for biodiversity, nature and wilderness�.

By Chikako Mogi and Wayne Cole. TOKYO/SYDNEY | Thu Jun 20, 2013 7:31am BST. TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on ...

Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.

A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.