U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.

The 52-year-old steps down a year after becoming embroiled in a fiasco surrounding the Olympics that saw the military drafted in to provide security for the games after G4S was accused of presiding over a shambles.

The US Senate Committee unleashed heavy criticism on the California-based company on Monday, branding its complex structure the "Holy Grail of tax avoidance".

By David Brett. LONDON | Tue May 21, 2013 11:56am BST. LONDON (Reuters) - Rallying miners and a contract win for outsourcing company Capita helped steady the FTSE 100 by midday on Tuesday despite weakness in travel firms after disappointing ...

Rocketing growth in China helped annual sales at Burberry hit �2bn for the first time as the British luxury goods group banks on the giant Asian economy and Latin America for further growth.

Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.

Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.

Shares in cruise company Carnival have fallen more than 7% after it issued a profit warning - its second in just three months. Carnival, which operates ships under brands such as P&O and Costa Cruises, said full year revenues, which were expected to be flat, ...

Profits at Marks & Spencer have slumped to their lowest level in four years amid a succession of fashion disasters with dowdy designs and lack of stock.

Residents in three London boroughs overwhelmingly say they are against Heathrow Airport expanding, according to council consultations.