Yahoo promised "not to screw it up" as it formally announced its acquisition of the Tumblr blogging platform for $1.1bn ahead of the US stock market opening on Monday.

Joining some of the UK's top bosses at a meeting of the Prime Minister's business advisory council in Downing Street yesterday, CBI president Sir Roger Carr said politically motivated attacks on businesses' tax arrangements could have damaging ...

The FTSE 100 closed at its highest level for 13 years today as investors continued to plough into shares. The London blue-chip index closed above its pre-financial crisis high of 6,732.4 hit in June 2007 at 6,755.6 today.

The debt-laden rail and bus company, which has also been forced to scrap its final dividend, has been in urgent discussions with a number of credit rating agencies to avoid a downgrade, which would have added �50m to the �170m cost of servicing its near ...

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 ...