Yahoo says its $1.1bn (�723m; 857m euros) purchase of blogging platform Tumblr will boost its revenue as soon as 2014. Yahoo's chief financial officer, Ken Goldman, made the claim during a call with analysts, although he did not give firm numbers.

The backlash against corporate tax avoidance could end up costing the country jobs and investment, a Treasury minister has warned, as David Cameron outlined plans for international action on closing loopholes at a meeting with Eric Schmidt, Google's ...

The FTSE 100 closed at its highest level for 13 years today as investors continued to plough into shares. The London blue-chip index closed above its pre-financial crisis high of 6,732.4 hit in June 2007 at 6,755.6 today.

Shares in FirstGroup plunged 30 per cent on Monday as investors balked at a �615m rights issue and the scrapping of its dividend.

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...

Swiss-based Glencore, Vitol and Gunvor have all been asked for details, although they are not thought to be under investigation themselves.

Ryanair wants to more than double its share of the European short-haul market to 20 per cent in the next five years. The target was revealed as the budget carrier brushed off higher fuel costs to post a record annual profit of �569 million.

To the uninitiated, there may not seem to be much difference between a salmon reared in Loch Fyne or the Hebrides. Yet, J Sainsbury was on Monday forced to apologise for mixing up the two areas of western Scotland in a labelling error that highlights ...

The wealthy district of Elmbridge in Surrey, just off the M25, paid more in tax in 2010/11 than Google did - 200 times more. This leafy haven for high-net-worth individuals - Gary Lineker and Cliff Richard live there - paid a total of �1.18bn in income tax, which ...

Two-thirds of British families will holiday in the UK this summer amid a cost of living squeeze that means a foreign holiday is a luxury that will have to be sacrificed.