World stock markets fell sharply today after the US Federal Reserve said it could start scaling back its huge economic stimulus programme later this year and a survey showed a slowdown in manufacturing in China.

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.

UK retail sales recorded a larger-than-expected rise last month, helped by a strong increase in food sales. Sales rose 2.1% in May from the month before, and were up 1.9% from a year earlier, according to the Office for National Statistics (ONS).

The morning after the night before: Last night, the Fed suggested the beginning of the end of their cheap cash injections, while the Japanese prime minister confirmed that Abenomics is in full swing.

By James Davey. LONDON | Thu Jun 20, 2013 6:33am EDT. LONDON (Reuters) - British sales of tablet computers are booming, Europe's second-biggest electricals retailer Dixons said, underpinning profit growth and offsetting weak markets in ...

Passengers travelling through the Channel Tunnel are being ripped off, the European Commission (EC) said today. The EC called on Eurotunnel, the owners of the rail link, to slash its �excessive� �32 per passenger return levy plus per train fee to use the ...

The government has a duty to explain the benefits of genetically modified crops to the British people, Environment Secretary Owen Paterson is to say.

Diageo said in May that Mr Walsh would step down as chief executive at the end of this month, after 13 years at the helm of the group that makes Gordon's Gin and Smirnoff vodka.

London: In the biggest ever penalty on an individual trader, the UK financial sector regulator FCA today imposed a fine of nearly one million pounds on an Indian- origin realty broker for fraudulent sale and renting of homes.

Ben Thompson, from the Legal & General mortgage club said that the "market as a whole is moving" and added that he expected to see a continued spike in lending to first-time buyers.