Sir Mervyn, who presented his last quarterly forecasts last week, said �what bankers did is not the only explanation of the crisis that we had.

Google's executive chairman Eric Schmidt has defended the company's tax affairs after it came in for heavy criticism this week.

Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.

The Sunday Telegraph understands that the leading City figure and chairman of Centrica is favoured by the board's nominations committee and Nick Rose, the senior independent director leading the search for a replacement for the present chairman, Dick ...

Sun May 19, 2013 4:31am EDT. * Referendum on independence due in Sept. 2014. * Breakaway would leave Scotland vulnerable-British Treasury.

Lloyds Banking Group 62.84p. Questor says Hold. Lloyds shares have enjoyed a phenomenal run over the past 12 months. It seems difficult to believe that just last May the stock was trading below 25p - last week it traded above 60p for the first time since ...

Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.

The founders of troubled Kazakh miner ENRC have been given more time to come up with a better bid, but the City isn't convinced a better offer will be made.

The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.

Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.