Friday 10:00 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global equity markets that some investors consider vulnerable after many months of strong gains.

... Off. � European markets up in early trading on Friday � Japanese market swings widely in volatile trade � Europe needs Britain, says ECB president Mario Draghi � FTSE 100 suffers heaviest drop for a year � HSBC's $1.9bn money laundering settlement ...

Restarting the Bank of England's bond-buying program should help drive faster economic growth in the U.K. without setting off inflation, a senior BOE official said Friday.

Manchester United predicted its interest payments would fall by about �10m a year after refinancing its bond notes. Bank of America is providing a new facility that allows the club to redeem all its 8.75 per cent sterling bonds, worth �178m, and $22.1m of its ...

A lack of confidence among consumers has pushed up savings levels in the last year despite the low rates of interest available, banks say.

A Guernsey airline is considering using bigger planes after becoming the only operator to fly to Gatwick. The Treasury and Resources Department is the sole shareholder in Aurigny and said it is considering leasing or buying aircraft outright.

Two key lieutenants of Tesco boss Phil Clarke received almost �3million in 'damages' following their departure from Britain's biggest retailer at the height of its troubles.

Private equity firm 3i Group is set to buy Barclay's �780 million infrastructure fund management business, in a bid to raise fee income.

JPMorgan's UK wealth management business has been fined nearly �3.1m for failing to keep complete and up-to-date client files, a shortcoming that put customers at risk of receiving unsuitable investment advice.

Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.