George Osborne said Lloyds was in a �good position� for selling down the taxpayer's 39pc stake, but warned that he would �urgently� explore a break-up of Royal Bank of Scotland into a �good bank and a bad bank�.

By David Milliken. LONDON | Wed Jun 19, 2013 9:02pm BST. LONDON (Reuters) - Britain's economic recovery is not yet secure and more needs to be done to ensure the country's banks no longer pose a threat to taxpayers, Bank of England Governor ...

The first thing that BT retail boss Gavin Patterson did on Wednesday morning was check the new season football fixtures to consider which games to pick for the telecoms group's new sports channels being launched next month.

Ben Bernanke, Federal Reserve chairman, offered the firmest timeline yet for tapering US central bank asset purchases, saying bond buying by the US central bank could be slowed this year and end altogether around the middle of next year.

BEIJING | Wed Jun 19, 2013 6:56am EDT. BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, ...

Government plans to privatise the Royal Mail could be hit after a boycott by thousands of postal workers moved a step closer today.

Rail passengers think trains are failing to provide good value for money with less than one in five on one major route happy with their fares, a survey reveals.

Pre-tax profit was �12.2m compared to �28.5m the previous year. The dip was expected following a warning last month. Imagination said the microchip makers who license its designs had put deals on hold while some shift their focus away from the fierce ...

The Advertising Standards Authority has banned a payday lender for sending text messages that encouraged people to borrow �1,000 for a night out.

Berkeley has reported a 26 per cent jump in pre-tax profits as house prices surged in London and the southeast. The upmarket housebuilder sold 3,712 new homes in the year ended April 30, up from 3,565 a year earlier.