This is the year we are going to "reset the banking system", said chancellor George Osborne in a speech to JP Morgan workers in February.

Arguably, Ian Livingston has already performed useful public service in helping to save BT, a different sort of company that is too big, and too important, to fail.

Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.

Dalian Wanda Group (DLWGCZ), the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.

Wed Jun 19, 2013 12:30pm EDT. By Neil Maidment. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...

Imagination Tech exec invests as company unveils annual results LONDON (SHARECAST) - Andrew Heath, a Non-Executive Director of chip designer Imagination Technologies invested nearly 60,000 pounds in the firm on Wednesday, the same day that the ...

Berkeley has reported a 26 per cent jump in pre-tax profits as house prices surged in London and the southeast. The upmarket housebuilder sold 3,712 new homes in the year ended April 30, up from 3,565 a year earlier.

Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.

FRANKFURT/LONDON | Wed Jun 19, 2013 4:03pm BST. FRANKFURT/LONDON (Reuters) - Vodafone (VOD.L) is discussing a 7.6 billion euros (6 billion pounds) cash bid with Germany's No.

A payday lender which sent �irresponsible� spam text messages which encouraged people to borrow money for a �night on the town� has been rapped by the Advertising Standards Authority.