Worries the US was closer to bringing its economic stimulus measures to an end and concern over the state of the Chinese economy triggered a huge global sell-off today, with the FTSE 100 falling from its highest level in thirteen years.

Manchester United have cut their interest bill by �10million a year after a major refinancing through Bank of America. United have refinanced �177.78million of outstanding sterling bonds, on which they are currently paying a rate of 8.75 per cent.

Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.

By David Milliken and Marc Jones. LONDON | Thu May 23, 2013 10:33pm BST. LONDON (Reuters) - The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union ...

Thu May 23, 2013 11:44pm BST. (Reuters) - The chief executive of Royal Mail, Moya Greene, who is responsible for leading a turnaround of the business, is set to receive an annual bonus worth nearly 500,000 pounds, as the company readies itself for a ...

A day after the International Monetary Fund urged the government to do more to spur growth, Britain's official statisticians have reminded economists of just how far the UK economy remains from full health.

Business leaders and politicians have raised concerns over the future of Inverness's links with London Gatwick. A three-times-a-day service operated by Flybe is in doubt following the airline's decision to sell all of its take-off and landing slots at Gatwick.

The annual report from Britain's biggest retailer revealed that Richard Brasher, the former head of Tesco in the UK, was paid �1.3m to leave and Tim Mason, who led the company's US arm Fresh & Easy, collected �1.7m in �liquidated damages�.

Revenues at United Utilities in the year to March 31 advanced from �1.56bn to �1.64bn, partly thanks to an inflation-beating 5.8 per cent increase in prices agreed with the regulator Ofwat, but offset by reduced volumes and more uptake of metered supplies.

Cash and carry group Booker has benefited from the horsemeat scandal as more caterers have turned away from processed meats and started making meals from scratch, according to the company.