LONDON | Sat May 18, 2013 11:32pm BST. LONDON (Reuters) - A flagship British government scheme to boost mortgage lending must not become permanent like in the United States, outgoing Bank Governor Mervyn King said on Saturday.

LONDON--An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being ...

Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.

An EU crackdown on bankers' bonuses in the City of London will just lead to a surge in basic salaries and other initiatives to circumvent regulations, experts warned on Saturday.

Every British taxpayer is being cheated out of �183 a year as global giants including Google and Amazon avoid paying annual taxes of as uch as �5.5billion.

Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.

The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.

One of the most dramatic shareholder revolts in recent years was staged on Thursday when City veteran Sir John Bond was ousted from the board of Glencore Xstrata and replaced as chairman by Tony Hayward, the former BP boss whose reputation hit rock ...

Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.

The economic benefits of the HS2 high-speed rail project are unclear, the National Audit Office (NAO) has warned. In a report, the NAO said it had "reservations" about how the planned high-speed rail link would deliver growth and jobs.