As the power supplier announced a 5.6pc rise in annual profits to �1.4bn, Ian Marchant lashed out at critics in Westminster and said that the company suffered because of the �big numbers� in its results.

Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...

Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.

The new boss charged with turning around Britvic has wasted no time wielding the axe at the drinks maker. Simon Litherland, who took over from predecessor Paul Moody 12 weeks ago, announced plans to shut two factories, a warehouse, ditch some of its ...

The pound slammed into reverse on Wednesday as a sharp fall in high street sales dented hopes Britain is on the road to a steady recovery.