Calling for an immediate stimulus to �offset� the austerity scheduled for 2013, David Lipton, the IMF's deputy managing director, said: �We suggest the Government bring forward planned capital spending and consider measures such as reducing the effective ...

By Alistair Smout. LONDON | Wed May 22, 2013 5:07pm BST. LONDON (Reuters) - Growth sensitive sectors drove FTSE 100 to fresh 13 year highs, receiving a boost after the top U.S.

The timing of Easter and the freezing weather seen at the start of the month caused retail sales to fall by 2.2 per cent on an annual basis.

Ben Bernanke said the US Federal Reserve could start slowing the pace of its asset purchases �in the next few meetings�, but only if the labour market showed sustained improvement.

Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.

For the last seven months, a battle has raged over how much capital Britain's largest banks need to hold. The first shot was fired in November by the Bank of England's Financial Policy Committee (FPC), which asked Britain's then banking regulator, the ...

David Cameron has called a Europe-wide agreement on tackling tax avoidance as a "turning point", after Google's boss urged politicians to "sort" the system.

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.

Cable & Wireless Communications Plc. (CWC.L) Wednesday reported a pre-tax profit compared to a loss last year, amid lower items.

Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.