In March the Co-operative Bank quietly hung the �closed to new business� sign over its corporate banking operation. While it continued to service existing business customers it turned away new ones as it worked to conserve capital and to comply with tighter ...

Angry shareholders of HSBC on Friday bombarded the group's board with barrage of accusations ranging from financing Mexican drug cartels to supporting tax havens, slashing jobs and mis-selling products.

News Corp has adopted a �poison pill� to prevent challenges to Rupert Murdoch's control of his family media empire , as it splits into separate entertainment and publishing businesses.

CALLS are growing for a public inquiry into failures to clean up coal mines across Scotland after a new report revealed a potential �60m shortfall in funds for one region alone.

Households paid off �241m more mortgage debt than they borrowed in an effort to get on top of their debts. Before May last year, net lending had never been negative since the BBA started collecting the data in 1997.

An alarming report by the Crown Estate revealed the country was on the verge of serious disruption in March. ob Hastings, the Estate's energy director, said: �We really had only six hours' worth of gas left in storage as a buffer.

Member of the Bank of England's Monetary Policy Committee, Paul Fisher, said today there was little chance of a return to boom conditions in the UK economy anytime soon.

BRUSSELS--Europe must create a single resolution mechanism backed by a common pool of money to help wind down struggling banks, European Central Bank Vice President Vitor Constancio said Friday.

PRIVATE equity group 3i is to take over the European infrastructure fund management business of Barclays bank to boost its fee income from public-private partnerships and energy investment projects.

Galloper offshore wind farm, the 50:50 joint venture between FTSE 100-listed renewable electricity and gas supplier SSE and RWE npower renewables, has received development consent from the Secretary of State for Energy and Climate Change, ...