Britain has challenged Europe to sign up to an ambitious target of cutting carbon emissions by 50 per cent by 2030. Ed Davey, the Climate Change Secretary, called on fellow EU governments to sign up to the target as part of a global climate agreement in ...

Sunday Telegraph: A consortium of British and international funds is planning a second �5 billion bid for Severn Trent before the 11 June "put up or shut up" deadline.

THE Co-operative may claim to be good with food, but it's not proving to be so good with money. A big hole has emerged in the balance sheet of its banking business, which is now burdened with the same sort of problems that hit its bigger rivals.

More than 30 of the coalition's flagship schemes, including Universal Credit and high-speed rail, are at serious risk of failure, a report says.

Angry shareholders of HSBC on Friday bombarded the group's board with barrage of accusations ranging from financing Mexican drug cartels to supporting tax havens, slashing jobs and mis-selling products.

THE brokers for the �3 billion flotation of Royal Mail are expected to be announced this week, as trade unions claim that the government may yet push for an outright sale of the business.

The euro zone has been reminded lately that although investors are showing renewed confidence in its financial markets that its crisis is still simmering below the surface.

Activity in the vital services sector increased, according to the latest Markit PMI survey for April giving the clearest indication yet that the economy is improving.

Britain came within six hours of running out of natural gas in March, according to a senior energy official, highlighting the risk of supply shortages amid declining domestic production and a growing reliance on imports.

TAXPAYERS could end up footing a �62 million bill for restoring coal mines in one local authority area following the collapse of Scotland's largest mining companies.