The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.
UK retail sales recorded a larger-than-expected rise last month, helped by a strong increase in food sales. Sales rose 2.1% in May from the month before, and were up 1.9% from a year earlier, according to the Office for National Statistics (ONS).
The boss of Currys and PC World owner Dixons Retail today declared the retailer was moving from �survivor to winner� as a boom in tablet sales sent UK profits flying.
By Alistair Smout. LONDON | Thu Jun 20, 2013 12:05pm BST. LONDON (Reuters) - Britain's top shares slid to five-month lows on Thursday, led by miners after the U.S.
Tom Hayes, the former UBS AG (UBSN) and Citigroup Inc. (C) trader, conspired with employees of at least five other banks and three interdealer brokers over a four-year period to manipulate Yen Libor rates, prosecutors said.