The fallout from last year's West Coast mainline fiasco was the �final straw� that forced FirstGroup to launch a heavily discounted rights issue on Monday, according to its chief executive.

By Jennifer Saba and Alexei Oreskovic. Mon May 20, 2013 3:07pm BST. (Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion (723.3 million pounds) cash, giving the struggling Internet pioneer a much-needed platform in social media ...

By Sudip Kar-Gupta. LONDON | Mon May 20, 2013 12:03pm BST. LONDON (Reuters) - The FTSE 100 steadied near its highest level in five-and-a-half years on Monday, helped by a rise in bank stocks, and most analysts expected further near-term gains.

Marks & Spencer has become the latest in a string of UK companies to face criticism from tax campaigners over the way it structures its online sales to Europe - with one describing its sales operation as similar to that of the internet retail giant Amazon.

Actavis, the US-based generic drugmaker, is to acquire Dublin-based rival Warner Chilcott for about $5bn, bringing an end to a recent series of merger talks around Actavis.

Retail sales increased at their fastest pace since December 2009 in a surprisingly upbeat set of data from the British Retail Consortium helped by sales of electronic items.

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...

LONDON�Budget carrier Ryanair Holdings PLC is targeting expansion in Northern Europe as it pursues an ambitious growth strategy with plans to increase traffic by 25% over the next five years.

Rising pig prices posed the biggest challenge for Cranswick (CRK) last year - although the food producer offset much of this pressure through pricing, operational efficiencies, increased capacity and new business.

HBOS headquarters in Edinburgh If Scotland became independent, would and could Royal Bank of Scotland and Bank of Scotland, owned by Lloyds, keep their homes there?