A steep drop in transport costs, particularly air fares which declined 6.4pc between March and April, led the fall - the first in seven months.

Nick Buckles has unexpectedly quit as chief executive of G4S, the company responsible for the botched handling of security at last year's Olympics.

By James Davey. LONDON | Tue May 21, 2013 10:35am BST. LONDON (Reuters) - British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday, hit by a drop in clothing sales, and said growth this financial year would be held back ...

Vodafone has recorded its first ever fall in annual revenues as the recession in southern Europe saw its takings there fall by almost 17%.

By Francesco Canepa. LONDON | Tue May 21, 2013 9:53am BST. LONDON (Reuters) - The FTSE 100 steadied at near-13-year highs early on Tuesday, as rallies in outsourcing companies Capita and G4S offset a sharp fall in cruise operator Carnival ...

By Conor Humphries. DUBLIN | Tue May 21, 2013 9:59am BST. DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S.

The deal marks Yahoo's most expensive acquisition since the company bought online search engine Overture a decade ago for $1.3 billion in cash and stock.

Rocketing growth in China helped annual sales at Burberry hit �2bn for the first time as the British luxury goods group banks on the giant Asian economy and Latin America for further growth.

Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.

Tue May 21, 2013 3:00am EDT. LONDON May 21 (Reuters) - British outsourcing firm Capita upgraded its organic growth forecast for 2013 after announcing one of the biggest contract wins in its history, a ten-year deal worth around 1.2 billion pounds ($1.83 ...