The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.

... Off. � Fed calling time on QE3 sparks global market sell-off � Five of Britain's biggest lenders have �27bn capital shortfall � Asian markets go "kaboom" after Bernanke speech � Osborne explores RBS bad bank option � Federal Reserve could start 'tapering' ...

UK retail sales recorded a larger-than-expected rise last month, helped by a strong increase in food sales. Sales rose 2.1% in May from the month before, and were up 1.9% from a year earlier, according to the Office for National Statistics (ONS).

Mortgage lending jumped 21% in May, the sharpest rise since October 2008, suggesting Britain's housing market once again has a spring in its step.

By James Davey. LONDON | Thu Jun 20, 2013 6:33am EDT. LONDON (Reuters) - British sales of tablet computers are booming, Europe's second-biggest electricals retailer Dixons said, underpinning profit growth and offsetting weak markets in ...

Passengers travelling through the Channel Tunnel are being ripped off, the European Commission (EC) said today. The EC called on Eurotunnel, the owners of the rail link, to slash its �excessive� �32 per passenger return levy plus per train fee to use the ...

Tom A. W. Hayes, the former UBS and Citigroup trader, leaving a London court on Neil Hall/ReutersTom A. W. Hayes, the former UBS and Citigroup trader, leaving a London court on Thursday with his lawyer, Lydia Jonson.

Britain should lead the way in producing genetically modified food because it would lower prices and free up the countryside, Owen Paterson will argue today.

Paul Walsh is poised to switch his attentions from the drinks cabinet to catering, after the former chief executive of Diageo on Thursday took up a new role as chairman of Compass Group.

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.