U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.

The 52-year-old steps down a year after becoming embroiled in a fiasco surrounding the Olympics that saw the military drafted in to provide security for the games after G4S was accused of presiding over a shambles.

The US Senate Committee unleashed heavy criticism on the California-based company on Monday, branding its complex structure the "Holy Grail of tax avoidance".

By David Brett. LONDON | Tue May 21, 2013 11:56am BST. LONDON (Reuters) - Rallying miners and a contract win for outsourcing company Capita helped steady the FTSE 100 by midday on Tuesday despite weakness in travel firms after disappointing ...

Profits at Marks & Spencer have slumped to their lowest level in four years amid a succession of fashion disasters with dowdy designs and lack of stock.

Shares in beleaguered cruise operator Carnival fell as much as 13 per cent on Tuesday, following an overnight profit warning. Reduced prices for cruises were driving booking volumes higher, but the upshot was lower net revenue yields - a measure of the ...

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.

Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.

Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.

Shares in Capita reached an all-time high today as the outsourcing group closed in on a lucrative 10-year deal with O2, worth an estimated �1.2 billion.