George Osborne renewed his commitment to promote more competition in retail banking on Wednesday and asked the UK's antitrust regulator to assess what effect mandatory branch sales by Lloyds and Royal Bank of Scotland will have on the market.

Bank of England Governor Mervyn King said his successor and the U.K. banking industry have �unfinished business� to do in reforming the financial system and reviving the U.K.

Telecoms giant BT unveiled a change at the top yesterday as chief executive Ian Livingston revealed he is to become a government minister.

In introductory remarks, Federal Reserve Chariman Ben Bernanke said the Fed is reviewing its exit-strategy principles set out in June 2011.

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

Britain should lead the way in producing genetically modified food because it would lower prices and free up the countryside, Owen Paterson will argue today.

Angry residents of Margate have appealed to the High Court against the Government's decision to build a giant Tesco store on the seafront.

Royal Mail has begun a court battle with the Communication Workers Union after thousands of postal workers voted to boycott deliveries of rivals' mail and to oppose privatisation.

If you had to think of an airline which would spare no expense to make its passengers happy, Ryanair might not be the first that came to mind.

Passenger satisfaction with Britain's crowded, late-running and over-priced railway network has plummeted to the lowest level in six years, a damning new survey by official watchdogs reveals today.