Joining some of the UK's top bosses at a meeting of the Prime Minister's business advisory council in Downing Street yesterday, Sir Roger Carr urged David Cameron to �avoid the moral debate� about big businesses' tax affairs and get on with changing the ...

David Cameron today refused to challenge Google boss Eric Schmidt over the internet giant's tiny tax bill - despite hosting the business chief at a special Downing Street meeting over corporate tax avoidance.

The European Commission investigation into the possible manipulation of energy price benchmarks has widened, with Brussels seeking new information from trading houses, including Glencore, following last week's raids on oil majors.

The struggling bus and train operator FirstGroup tapped investors for �615 million to cut debts and axed the dividend as profits slumped.

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...