Tim Cook's bid for the moral high ground in Washington on Tuesday proved surprisingly successful, as the Apple chief executive faced down a hostile US Senate committee over the way the maker of iPhones and iPads avoids paying billions of dollars in taxes ...

Speculation about a government sell-off of Royal Bank of Scotland and Lloyds Banking Group was escalating on Tuesday night amid reports that the International Monetary Fund is urging the Treasury to accelerate its disposal of the �65bn stakes in the two ...

Falling clothes sales at Marks & Spencer have dragged down the retail giant's annual profits to an eight-year low, as it said the executive behind the �Your M&S� branding is to step down.

The annual rate of inflation eased to 2.4 per cent last month, thanks to falls in petrol prices and air fares, the Office for National Statistics reported yesterday.

Fiat Industrial aims to move its tax residency to the UK from Italy after a merger with US business CNH to take advantage of a lighter fiscal regime, according to a regulatory filing.

Paragon Group continued to prosper by snapping up unwanted loan portfolios from big banks and the boom in buy-to-let loans as the specialist lender reported a rise in half-year pre-tax profits.

By Andrew Osborn. LONDON | Wed May 22, 2013 12:30am BST. LONDON (Reuters) - Google Inc's tax affairs will come under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accuses the Internet company of wrongly ...

Shares in Capita pushed through the �10-mark for the first time in the FTSE 100 outsourcing group's history after it won a decade-long contract worth �1.2bn to provide call centre and online customer services for O2.

Taxpayers will have to cough up �5billion for the Government's failure to crack down on benefit fraud and error, MPs will warn today.

These pensioners will have to survive on just �170 a week - compared with an average weekly income of �322 should they have saved into a private pension.