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 fell and the yen strengthened before a Federal Reserve meeting that may clarify the outlook for U.S. monetary stimulus.

Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.

339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.

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.

... Off. � Anastasiades appeals for overhaul of Cyprus bail-out � Chinese firm gets into British luxury with yachts and hotels � Banking Commission: Bankers should face threat of jail � Angelina Jolie stunt double sues News Corp � BoE names Charlotte Hogg as ...

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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 ...

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.

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.