... Off. � Fed calling time on QE3 sparks global market sell-off � Gold slumps to two-and-a-half year low � Five of Britain's biggest lenders have �27bn capital shortfall � Asian markets go "kaboom" after Bernanke speech � Osborne explores RBS bad bank option

By Matt Scuffham and Huw Jones. LONDON | Thu Jun 20, 2013 12:21pm BST. LONDON (Reuters) - Britain's banks will have to raise 13 billion pounds ($20.4 billion) of extra capital and meet new a new cap on lending ahead of international peers as the Bank ...

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).

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 ...

By Alistair Smout. LONDON | Thu Jun 20, 2013 12:05pm BST. LONDON (Reuters) - Britain's top shares slid to five-month lows on Thursday, led by miners after the U.S.

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 ...

Tom Hayes, the former UBS AG and Citigroup Inc. derivatives trader, conspired with employees at HSBC Holdings Plc, Rabobank Groep and other banks, as well as brokers, to manipulate Yen Libor rates, prosecutors said.

Banks lent more to would-be homeowners last month than at any time since the autumn of 2008, according to a trade body. The Council of Mortgage Lenders said on Thursday that gross mortgage lending - new loans minus any repayments by existing ...

Paul Walsh is poised to switch his attentions from the drinks cabinet to catering, after the former chief executive of Diageo on Thursday took up a new role as chairman of Compass Group.

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.