Calling for an immediate stimulus to �offset� the austerity scheduled for 2013, David Lipton, the IMF's deputy managing director, said: �We suggest the Government bring forward planned capital spending and consider measures such as reducing the effective ...

Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.

George Osborne yesterday revealed that the Government will set out its strategy �to return RBS and Lloyds to the private sector� after the Parliamentary Commission on Banking Standards' final report is published next month.

Google executive chairman Eric Schmidt rejected the idea put forward by Labour leader Ed Miliband that the search giant should practise "responsible capitalism", arguing the company simply follows international tax laws - which he described as "irrational".

US markets surged to record highs on Wednesday as US Federal Reserve chairman Ben Bernanke said the American economy was in better health than a year ago, but warned that slamming the breaks on its fiscal stimulus package would jeapordise the ...

By Alistair Smout. LONDON | Wed May 22, 2013 5:07pm BST. LONDON (Reuters) - Growth sensitive sectors drove FTSE 100 to fresh 13 year highs, receiving a boost after the top U.S.

Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.

Cable & Wireless Communications, the telecoms group that traces its history back to the early days of the British empire, will move its headquarters out of London after more than 140 years.

SSE Plc (SSE) plans to reduce its share of spending on renewable energy through March 2015 in favor of increased investment in its networks business, where rates for power and gas distribution and transmission are regulated.

Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.