Five of Britain's biggest lenders must plug a combined �27.1 billion hole in their finances, with Barclays, Lloyds Banking Group and Royal Bank of Scotland accounting for more than 90% of the shortfall, the City regulator revealed.

LONDON | Thu Jun 20, 2013 8:01am BST. LONDON (Reuters) - Dixons (DXNS.L), Europe's No. 2 electricals retailer, beat guidance with a 15 percent rise in underlying year profit, with sales growth in Britain and northern Europe offsetting falls in the ...

LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.

In his Mansion House speech to the City's great and good, the Chancellor said the Government would urgently investigate the case for splitting up RBS and creating a so�called "bad bank" of risky assets.

Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.

Mr Paterson said that GM offers �wonderful opportunities� that could benefit human health and the environment. He said GM production in the UK would mean less spraying of pesticides and less intensive farming.

The operator of a property scheme who misled vulnerable customers to make money from the sale of their homes has been fined almost �1m by the City regulator and banned from working in the financial services industry.

By Richard Hubbard. LONDON | Thu Jun 20, 2013 8:40am BST. LONDON (Reuters) - Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S.

Stansted Airport is to be given an �80m redevelopment of its terminal building, including new security facilities and a larger departure lounge.

Thursday 09.00 BST. European stocks joined the heavy sell-off seen across Asia on Thursday which started overnight in the US and was triggered by the Federal Reserve's confirmation that it expects to start easing its asset purchases later this year.