Hats off to Mervyn King. By voicing his doubts about the government's �130bn gamble on the housing market, the outgoing Bank of England governor has restarted a vital debate.

Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (�720m) acquisition of the blogging site Tumblr.

Prime Minister David Cameron wrote to the Cayman Islands and nine other U.K. territories to request action to tackle company tax evasion as Britain prepares to host the Group of Eight summit next month.

Fears that a new generation of debit cards could be hitting shoppers with phantom charges grew last night after a string of complaints.

Helped by the warmer weather, footfall on the high-street rose 3.4pc year-on-year in April, the biggest increase since the run-up to Chrismtas in 2011.

Scotland, and Edinburgh in particular, has a world class financial services industry, in banking, insurance and fund management. The question posed by today's Scotland Analysis Paper from the Treasury is whether a Scotland that separated from the rest of ...

BAE is moving toward naming its new chairman with the UK defence company's most influential stakeholders expected to make a decision by mid June.

It began as a sideline on a Herefordshire farm little over a decade ago but is now being touted around the world to potential buyers for �100m.

FirstGroup is expected to announce that chairman Martin Gilbert is set to step down in an attempt to placate investors as it unveils plans for a �600m rights issue and cuts the dividend.

Eurasian Natural Resources Corp.'s three founding shareholders sent a letter with details of a planned bid for the company at a price of less than 300 pence a share to its independent committee of directors, according to people familiar with the matter.