The International Monetary Fund has warned Chancellor George Osborne that the UK is �still a long way from a strong and sustainable recovery�, sending the pound tumbling against the dollar.

Furious consumer groups demanded an immediate cut in energy bills today after one of Britain's biggest suppliers revealed a 28 per cent profit surge boosted by the past year's cold weather.

The following is the text of Canada's retail sales report for March as released by Statistics Canada. Retail sales were flat in March, holding at $39.5 billion.

By Matt Scuffham. LONDON | Wed May 22, 2013 2:30pm BST. LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to ...

Nationwide has revealed plans to raise up to �500m of extra capital, prompting speculation that it may go shopping for acquisitions.

Google's boss has told UK politicians to "sort out" the tax system, after criticisms of the internet search giant by Labour leader Ed Miliband.

A �5bn hole in the public purse has been caused by the failure of HM Revenue and Customs to clamp down effectively on fraud and error, MPs warn on Wednesday.

Ed Davey, the UK energy secretary, has warned that Scotland could lose billions of pounds in subsidies for renewable energy projects if it voted for independence, putting its green energy revolution at risk.

Full consent has been given for a 40MW farm off the north-west coast of Lewis - enough to power nearly 30,000 homes. Wave energy firm Aquamarine Power said it would begin installing its Oyster devices in the next few years, once grid infrastructure is put in ...

A poll of 404 businesses found that growth in output was broadly flat over the three months to May, again disappointing expectations for a more pronounced recovery.