The top City regulator is poised to unveil the previously secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds and Barclays set to account for more than 90 per cent of the total.
Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.
NEW YORK--U.S. stocks were little changed midmorning, as investors waited for the Federal Reserve's afternoon policy announcement.
Union chiefs today said 96 per cent of delivery, sorting staff and Posties "opposed the privatisation of Royal Mail" in the first poll of workers on the Government's plans.
BEIJING�A year after targeting U.S. movie theaters, a Chinese property magnate is sketching out global plans for a new focus: Chinese tourists.