By William Schomberg and David Milliken. LONDON | Wed May 22, 2013 4:11pm BST. LONDON (Reuters) - Britain's government should spend more now to fund investment and steer its economy back to recovery, the International Monetary Fund said on ...

George Osborne yesterday revealed that the Government will set out its strategy �to return RBS and Lloyds to the private sector� after the Parliamentary Commission on Banking Standards' final report is published next month.

Ben Bernanke struck a dovish tone in testimony to US Congress on Wednesday, asserting the merits of easy monetary policy and gave no hint that the US Federal Reserve will slow down its $85bn-a-month, third round of quantitative easing.

Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.

Nationwide has revealed plans to raise up to �500m of extra capital, prompting speculation that it may go shopping for acquisitions.

SSE Plc (SSE) plans to reduce its share of spending on renewable energy through March 2015 in favor of increased investment in its networks business, where rates for power and gas distribution and transmission are regulated.

Google executive chairman Eric Schmidt rejected the idea put forward by Labour leader Ed Miliband that the search giant should practise "responsible capitalism", arguing the company simply follows international tax laws - which he described as "irrational".

The soaring price of property in London's West End has boosted results from real estate groups Great Portland Estates and Shaftesbury, which both own prime buildings across the UK capital.

Investments in shale gas drilling could yield an industry worth nearly �4bn a year to the UK economy and create more than 70,000 jobs, according to a new report from the Institute of Directors (IoD), becoming a "new North Sea" energy business in the process ...

Ed Davey, the UK energy secretary, has warned that Scotland could lose billions of pounds in subsidies for renewable energy projects if it voted for independence, putting its green energy revolution at risk.