Banks have been warned that they have just a month left to agree plans by the Bank of England to plug capital black holes. It comes amid mounting frustration among regulators about what is being seen as "foot dragging" by the industry over the issue.

HSBC's controversial $1.9bn (�1.6bn) settlement deal with the US authorities over money laundering charges has stalled after a row between the justice department and the judge overseeing the case.

Households paid off �241m more mortgage debt than they borrowed in an effort to get on top of their debts. Before May last year, net lending had never been negative since the BBA started collecting the data in 1997.

Ms Lagarde, French finance minister at that time, now appears unlikely to be brought to trial in the case, lifting a cloud that had gathered over her position as leader of one of the world's top international institutions.

The first official government admission that Iain Duncan Smith's flagship plans to remake the welfare state has hit trouble emerged on Friday night when the Cabinet Office's review of all major Whitehall projects branded the universal credit programme as ...

Mario Draghi, president of the European Central Bank, tackled the political debate surrounding Britain's EU membership on Thursday night, telling a City of London audience that Europe needed �a more European UK�.

SSE and RWE npower have been given the go-ahead for a �1 billion offshore wind farm. Galloper, a 50:50 joint venture between the two utilities, has received development consent from the UK government for the 140-turbine site 16 miles off the Suffolk coast.

Britain came within six hours of running out of natural gas in March, according to a senior energy official, highlighting the risk of supply shortages amid declining domestic production and a growing reliance on imports.

British private equity investor 3i Group has made an offer to buy Barclays' European infrastructure fund management unit, as it seeks to boost assets under management.

Social Media Examiner has just released its annual Social Media Marketing report. It reveals some interesting data about this year's social media marketing trends.