The top City regulator is poised to unveil the previously secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds and Barclays set to account for more than 90 per cent of the total.

BT Group Plc (BT/A) named Gavin Patterson chief executive officer, taking over from Ian Livingston who leaves the post in September to become minister of state for trade and investment.

Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.

Wednesday 16.30 BST: Tense, rangebound trading was the order of the day for financial markets as investors nervously awaited the outcome of a two-day meeting of the US Federal Reserve's Open Market Committee.

Union chiefs today said 96 per cent of delivery, sorting staff and Posties "opposed the privatisation of Royal Mail" in the first poll of workers on the Government's plans.

Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.

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 company, which has built 12,000 homes in more expensive housing areas since 2009, said future investments would be increasingly weighted towards a small number of higher value properties.

A payday lender has been banned from sending "irresponsible" texts that promoted the idea that payday loans can be used to fund a social life.

Imagination Tech exec invests as company unveils annual results LONDON (SHARECAST) - Andrew Heath, a Non-Executive Director of chip designer Imagination Technologies invested nearly 60,000 pounds in the firm on Wednesday, the same day that the ...