'Britain has a global financial sector but a medium-sized economy. As the failures of others show, a country with an outsize banking industry can only prosper sustainably if it runs the tightest of ships'.

Leaders of the G-8 nations have agreed on a series of measures designed to clamp down on tax evasion and tax avoidance. A communiqu� released from the summit of eight of the world's largest economies sets out 10 points aimed at promoting �fair taxes� ...

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.

Wed Jun 19, 2013 12:24am BST. (Reuters) - Britain's Vodafone Group Plc (VOD.L) has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG (KD8Gn.

Lloyds chief executive Antonio Horta Osorio, left, and chairman Sir Win Bischoff denied political pressure. Picture: complimentary.

Young couples who start a family in their twenties could spend more than a decade saving for a deposit for their first home, according to new research.

A call centre made famous by a BBC reality TV series has been fined �225,000 for harassing families with nuisance calls. The BBC has portrayed the company's millionaire boss 'Big Nev' Wilshire as a lovable rogue, a consumer champion and even a hero.

The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a �1m pay cut to become the new Bank of England Governor's top enforcer.

LONDON - London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said.

A community garden in Whitley Bay, North Tyneside, which has won Britain in Bloom awards, has been earmarked for demolition because council bosses believe it is a health and safety risk.