The Bank of England's new banking regulator has demanded that Britain's banks find an additional �13bn of capital on top of the balance sheet strengthening measures they were already planning this year.

U.S. Treasury yields are sharply higher and the dollar is strong but global stocks and emerging-market assets are weak after Federal Reserve Chairman Ben Bernanke set the stage Wednesday for a gradual tapering of the Fed's measures to stimulate the U.S.

LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.

Thursday 06.30 BST. European stocks joined the heavy sell-off seen across Asia, which started in the US overnight in response to the Federal Reserve's confirmation that it expects to start easing its asset purchases later this 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, ...

The Environment secretary will say that using GM will make use of farm land and �free up space for biodiversity, nature and wilderness�.

Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.

A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.

LONDON: The British government will amend a parliamentary bill to introduce the central recommendation of the banking commission to allow bankers to be jailed for reckless misconduct, David Cameron has told MPs.

Royal Mail has begun a court battle with the Communication Workers Union after thousands of postal workers voted to boycott deliveries of rivals' mail and to oppose privatisation.