Yahoo promised "not to screw it up" as it formally announced its acquisition of the Tumblr blogging platform for $1.1bn ahead of the US stock market opening on Monday.

Joining some of the UK's top bosses at a meeting of the Prime Minister's business advisory council in Downing Street yesterday, CBI president Sir Roger Carr said politically motivated attacks on businesses' tax arrangements could have damaging ...

The FTSE 100 closed at its highest level for 13 years today as investors continued to plough into shares. The London blue-chip index closed above its pre-financial crisis high of 6,732.4 hit in June 2007 at 6,755.6 today.

Mon May 20, 2013 12:17pm EDT. * FTSE 100 ends at highest closing level since Sept. 2000. * FTSE 100 closes up 0.5 pct at 6,755.63 points.

The debt-laden rail and bus company, which has also been forced to scrap its final dividend, has been in urgent discussions with a number of credit rating agencies to avoid a downgrade, which would have added �50m to the �170m cost of servicing its near ...

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...

The European Commission investigation into the possible manipulation of energy price benchmarks has widened, with Brussels seeking new information from trading houses, including Glencore, following last week's raids on oil majors.

Ryanair is aiming to achieve further growth at the expense of European flag carriers in the next five years, as it announced a 16 per cent increase in underlying operating profit for 2012-13.

More than 800 flats in the Battersea Power Station development in London have been sold for �675m. The owners of the Grade II listed power station, which has lain dormant since it stopped generating electricity in 1983 despite numerous outlandish ...

The wealthy district of Elmbridge in Surrey, just off the M25, paid more in tax in 2010/11 than Google did - 200 times more. This leafy haven for high-net-worth individuals - Gary Lineker and Cliff Richard live there - paid a total of �1.18bn in income tax, which ...