U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.

The 52-year-old steps down a year after becoming embroiled in a fiasco surrounding the Olympics that saw the military drafted in to provide security for the games after G4S was accused of presiding over a shambles.

The US Senate Committee unleashed heavy criticism on the California-based company on Monday, branding its complex structure the "Holy Grail of tax avoidance".

By David Brett. LONDON | Tue May 21, 2013 11:56am BST. LONDON (Reuters) - Rallying miners and a contract win for outsourcing company Capita helped steady the FTSE 100 by midday on Tuesday despite weakness in travel firms after disappointing ...

Profits at Marks & Spencer have slumped to their lowest level in four years amid a succession of fashion disasters with dowdy designs and lack of stock.

Rocketing growth in China helped annual sales at Burberry hit �2bn for the first time as the British luxury goods group banks on the giant Asian economy and Latin America for further growth.

Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.

Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.

NEW YORK (AP) - Carnival slumped 8 percent in premarket trading as steep discounts for cruises pressure its revenue. The Miami company cut its outlook for the year late Monday as it wrestles with a string of high-profile incidents in which ships have ...

Tue May 21, 2013 3:00am EDT. LONDON May 21 (Reuters) - British outsourcing firm Capita upgraded its organic growth forecast for 2013 after announcing one of the biggest contract wins in its history, a ten-year deal worth around 1.2 billion pounds ($1.83 ...