Mario Draghi, president of the European Central Bank, has called for the UK to be "more European" and said the continent's key institutions could face dissolution if the UK leaves the European Union.

By William Schomberg. CARDIFF | Fri May 24, 2013 5:55am EDT. CARDIFF (Reuters) - A Bank of England policymaker said on Friday he favored small additional amounts of bond purchases over time, but not a hard-to-manage commitment to longer-term ...

A spokesman for Britain's biggest customer-owned financial services business said it would continue to provide lending to existing customers.

By Toni Vorobyova. LONDON | Fri May 24, 2013 9:03am BST. LONDON (Reuters) - The FTSE 100 steadied on Friday after their steepest fall in a year in the previous session, with central bankers offering some reassurance that stimulus will stay for a while yet.

A lack of confidence among consumers has pushed up savings levels in the last year, despite the low rates of interest available, banks say.

Manchester United predicted its interest payments would fall by about �10m a year after refinancing its bond notes. Bank of America is providing a new facility that allows the club to redeem all its 8.75 per cent sterling bonds, worth �178m, and $22.1m of its ...

A Guernsey airline is considering using bigger planes after becoming the only operator to fly to Gatwick. The Treasury and Resources Department is the sole shareholder in Aurigny and said it is considering leasing or buying aircraft outright.

Google's chairperson, Eric Schmidt, says he welcomes promises by international leaders to crack down on tax loopholes exploited by the search firm.

Two Tesco execs receive three million pounds in damages LONDON (SHARECAST) - Two Tesco executives have received almost three million pounds in liquidation damages after leaving the UK supermarket chain.

JPMorgan's UK wealth management business has been fined nearly �3.1m for failing to keep complete and up-to-date client files, a shortcoming that put customers at risk of receiving unsuitable investment advice.