The dollar was slightly weaker against most major currencies as traders prepared for a much-anticipated monetary policy decision from the Federal Reserve.

When Ian Livingston delivered BT's annual results, he had no idea that within six weeks he would be announcing his departure to take over from Lord Green as trade and investment minister.

The top City regulator is poised to unveil the secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds Banking Group and Barclays set to account for more than 90 per cent of the total.

Dalian Wanda Group (DLWGCZ), the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.

Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.

Wed Jun 19, 2013 12:30pm EDT. By Neil Maidment. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...

RAIN IN SPAIN: The International Monetary Fund is calling for "urgent action" to tackle Spain's stifling unemployment and the implored leaders there to get credit to businesses so that they can expand.

By Paul Sandle. LONDON | Wed Jun 19, 2013 7:40am EDT. LONDON (Reuters) - Imagination Technologies, the British chip designer whose graphics technology is in smartphones from Apple and Samsung, reported lower full-year profits as licensing slows.

Berkeley has reported a 26 per cent jump in pre-tax profits as house prices surged in London and the southeast. The upmarket housebuilder sold 3,712 new homes in the year ended April 30, up from 3,565 a year earlier.

Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.