The bosses of failed banks should face jail or lose the right to claim bonuses for up to ten years for 'reckless misconduct', a report recommends today.

European stocks and U.S. index futures were little changed before the outcome of a Federal Reserve meeting that may clarify the outlook for monetary stimulus in the world's biggest economy.

On a stage shaped like a yacht, Wanda's 59-year-old chairman Wang Jianlin was ably supported by a troop of dancers in glittering dresses as he underlined that a wave of Chinese money is about to hit the UK.

John Swinney announced an independent Scotland would have the same flat-rate pension of �144 per week planned by the UK but would increase it annually by the highest of earnings growth, inflation or 2.5 per cent.

LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.

Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

People living in London's East Ham are more likely to be the victims of identity fraud than anyone else in the UK, figures suggest.

European stock-index futures advanced as investors awaited the conclusion of the Federal Reserve's policy meeting for indications on stimulus measures.

The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a �1m pay cut to become the new Bank of England Governor's top enforcer.

Two firms in BBC documentary series The Call Centre were fined a total of �225,000 today for making nuisance sales calls. The Information Commissioner's Office said there had been 2,700 complaints about Nationwide Energy Services and We Claim You ...