Sir Mervyn King, in an interview with Sky News, said the Help to Buy scheme, announced as part of the Budget in March, was not part of a �healthy mortgage market�.

The grocer Waitrose is considering taking legal action against Ocado after the online specialist struck a 25-year, �170m deal with Morrisons to enable the supermarket chain to sell food on the web.

An EU crackdown on bankers' bonuses in the City of London will just lead to a surge in basic salaries and other initiatives to circumvent regulations, experts warned on Saturday.

Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.

Amazon's UK subsidiary paid �2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of �4.3bn.

Retired IT manager Nigel Clarke, from Kent in the UK, has launched a website listing the call centre menu sequences for accessing thousands of services.

The economic benefits of the HS2 high-speed rail project are unclear, the National Audit Office (NAO) has warned. In a report, the NAO said it had "reservations" about how the planned high-speed rail link would deliver growth and jobs.

Britain's green energy 'folly' will cost every family an extra �600 a year by 2020, a report warned last night. The cost to consumers of green energy subsidies will exceed �16billion a year within seven years, according to a leading industry analyst.

One of the most dramatic shareholder revolts in recent years was staged on Thursday when City veteran Sir John Bond was ousted from the board of Glencore Xstrata and replaced as chairman by Tony Hayward, the former BP boss whose reputation hit rock ...

Severn Trent has launched a Retail Prices Index linked bond, making it the UK first water company to offer retail investors an inflation-beating investment product.