The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.

With commodities plunging in the wake of the US Federal Reserve signalling an end to quantitative easing and poor economic data from China, mining companies are leading markets sharply lower.

LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.

Mr Paterson said that GM offers �wonderful opportunities� that could benefit human health and the environment. He said GM production in the UK would mean less spraying of pesticides and less intensive farming.

Dixons Retail has announced a �115.3m pre-tax loss in its annual results, only marginally better than �118.8m last year. However, the owner of PC World and Currys has said underlying profits are much better - up 39pc - while group sales rose 4pc in the full ...

In his Mansion House speech to the City's great and good, the Chancellor said the Government would urgently investigate the case for splitting up RBS and creating a so�called "bad bank" of risky assets.

Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.

A home finance arranger has been fined nearly �1m, a record sum, for misleading homeowners when selling and renting back their properties.

Stansted Airport is to be given an �80m redevelopment of its terminal building, including new security facilities and a larger departure lounge.

Political squabbling, under-investment and short-termism is discouraging investors from backing UK projects, the Institute of Civil Engineers (ICE) says, and Britain is falling behind rival economies due to inertia over controversial issues such as airport ...