By Matt Scuffham and Huw Jones. LONDON | Thu Jun 20, 2013 12:21pm BST. LONDON (Reuters) - Britain's banks will have to raise 13 billion pounds ($20.4 billion) of extra capital and meet new a new cap on lending ahead of international peers as the Bank ...

... Off. � Fed calling time on QE3 sparks global market sell-off � Gold slumps to two-and-a-half year low � Five of Britain's biggest lenders have �27bn capital shortfall � Asian markets go "kaboom" after Bernanke speech � Osborne explores RBS bad bank option

UK retail sales recorded a larger-than-expected rise last month, helped by a strong increase in food sales. Sales rose 2.1% in May from the month before, and were up 1.9% from a year earlier, according to the Office for National Statistics (ONS).

By Alistair Smout. LONDON | Thu Jun 20, 2013 12:05pm BST. LONDON (Reuters) - Britain's top shares slid to five-month lows on Thursday, led by miners after the U.S.

By James Davey. LONDON | Thu Jun 20, 2013 6:33am EDT. LONDON (Reuters) - British sales of tablet computers are booming, Europe's second-biggest electricals retailer Dixons said, underpinning profit growth and offsetting weak markets in ...

Passengers travelling through the Channel Tunnel are being ripped off, the European Commission (EC) said today. The EC called on Eurotunnel, the owners of the rail link, to slash its �excessive� �32 per passenger return levy plus per train fee to use the ...

Tom Hayes, the former UBS AG and Citigroup Inc. derivatives trader, conspired with employees at HSBC Holdings Plc, Rabobank Groep and other banks, as well as brokers, to manipulate Yen Libor rates, prosecutors said.

Children will go blind or die if the world does not embrace genetically modified crops Owen Paterson claimed today. The Environment Secretary issued the controversial ultimatum as he claimed Britain could lead the way in producing GM food.

The Council for Mortgage Lenders (CML), which produced the data, said the numbers showed stronger house purchase activity than it was expecting and with the highest lending for any month since October 2008.

Paul Walsh is poised to switch his attentions from the drinks cabinet to catering, after the former chief executive of Diageo on Thursday took up a new role as chairman of Compass Group.