LONDON�The British government is considering breaking up Royal Bank of Scotland Group PLC, the country's Treasury chief said Wednesday, a potentially radical move that underscores policy makers' mounting frustration with their inability to arrest a ...

A top businessman who threw his weight behind the Government's savage cuts is to be made an unelected minister and handed a peerage.

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 UK's Financial Conduct Authority has significantly ramped up its scrutiny of the hedge fund industry and in a growing sign of its reach is also paying more attention to the activities of US funds with operations in the UK.

Stock markets in Asia have been digesting the latest comments from the US Federal Reserve. The Fed's chairman, Ben Bernanke, said central bank could begin pulling back its stimulus measures later this year amid a healthier economic outlook.

Environment minister Owen Paterson will on Thursday urge the UK to lead a European farming revolution using genetically modified crops, which he will say will reduce fertiliser and chemical use and improve efficiency.

It wants the Intergovernmental Commission (IGC), which regulates the tunnel on behalf of the United Kingdom and France, to instruct the company to bring the charges down.

LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.

When the authorities intervene in banking, their aim is to protect the economy from the banks rather than the banks from the economy.

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.