Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (�725m), US media reports say. The acquisition is expected to be announced as early as Monday.

Sir Mervyn King, Bank of England governor, on Sunday damped Treasury enthusiasm over �increasing momentum� in the economy, warning George Osborne that his policy to stimulate the housing market could cause future problems.

In the letter to the leaders of ten crown dependencies and British overseas territories David Cameron said he backed their right to low tax jurisdictions, but insisted rules needed to be set and enforced fairly.

Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.

It began as a sideline on a Herefordshire farm little over a decade ago but is now being touted around the world to potential buyers for �100m.

LONDON�An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being ...

FirstGroup is expected to announce that chairman Martin Gilbert is set to step down in a bid to placate investors as it unveils plans for a �600m rights issue and cuts the dividend.

LONDON | Sun May 19, 2013 4:47pm BST. LONDON (Reuters) - Kazakhstan's government and the trio of founders behind miner ENRC (ENRC.

Nuffield Health this week became the latest British organisation to offer fed-up savers attractive rates on bonds. The charity is inviting people to invest between �1,000 to �250,000 in its bond and get a fixed annual return of 6 per cent for five years.

Further evidence that UK-listed companies were avoiding a repeat of last year's shareholder rebellions came on Thursday, when two FTSE 100 insurance groups encountered only minor dissent over executive pay.