Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (�720m) acquisition of the blogging site Tumblr.

Hats off to Mervyn King. By voicing his doubts about the government's �130bn gamble on the housing market, the outgoing Bank of England governor has restarted a vital debate.

In the letter to the leaders of ten crown dependencies and British overseas territories David Cameron said he backed their right to low tax jurisdictions, but insisted rules needed to be set and enforced fairly.

Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.

The Scots are accustomed to having their views ignored in the British political system. In 18 general elections since the second world war, the Conservatives have had a majority in Scotland only once (1955), yet they have formed the government nine times.

It began as a sideline on a Herefordshire farm little over a decade ago but is now being touted around the world to potential buyers for �100m.

BAE is moving toward naming its new chairman with the UK defence company's most influential stakeholders expected to make a decision by mid June.

FirstGroup is expected to announce that chairman Martin Gilbert is set to step down in an attempt to placate investors as it unveils plans for a �600m rights issue and cuts the dividend.

U.K.-listed Kazakhstan-focused Eurasian Natural Resources Corp. PLC (ENRC.LN) said Friday that it has received an indicative proposal from a consortium of buyers that materially undervalues the troubled miner and has asked the consortium to come back ...

Nuffield Health this week became the latest British organisation to offer fed-up savers attractive rates on bonds. The charity is inviting people to invest between �1,000 to �250,000 in its bond and get a fixed annual return of 6 per cent for five years.