A major report from the parliamentary commission on banking standards calls for a new law to jail bankers for reckless misconduct, the deferral of bonuses and more measures to foster competition.

The Chinese conglomerate Dalian Wanda Group is buying the British yacht maker Sunseeker, whose yachts have appeared in several James Bond films, in the latest example of a trend for Chinese companies to acquire top luxury global brands.

European stocks and U.S. index futures were little changed before the outcome of a Federal Reserve meeting that may clarify the outlook for monetary stimulus in the world's biggest economy.

339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.

Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.

European stock-index futures advanced as investors awaited the conclusion of the Federal Reserve's policy meeting for indications on stimulus measures.

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Two firms in BBC documentary series The Call Centre were fined a total of �225,000 today for making nuisance sales calls. The Information Commissioner's Office said there had been 2,700 complaints about Nationwide Energy Services and We Claim You ...

People living in London's East Ham are more likely to be the victims of identity fraud than anyone else in the UK, figures suggest.