Chancellor George Osborne yesterday received a boost ahead of his emergency summer budget as official figures showed a better-than-expected improvement in the UK's public finances.
The Union Flag flies next to the European Flag outside the European Commission building in central London. Photo: Neil Hall/Reuters.
The online retail giant Amazon is going to start paying more tax in the UK following accusations that it avoided tax in its third largest market by funneling cash abroad.
Iran's oil minister has said that OPEC is unlikely to cut oil output when the group of oil-exporting countries meets in June. "Lowering OPEC's production ceiling requires consensus between all members," Oil Minister Bijan Zanganeh was quoted as saying on ...
Five of the biggest banks in the world pleaded guilty Wednesday to criminal charges and essentially admitted they defrauded their customers.