Apple on Monday sought to pre-empt accusations of tax avoidance from an influential US Senate committee, publishing its written submission to the committee the day before Tim Cook, chief executive, was due to testify.

Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index matched levels from September 2000, just before the market's fascination with loss-making ...

The backlash against corporate tax avoidance could end up costing the country jobs and investment, a Treasury minister has warned, as David Cameron outlined plans for international action on closing loopholes at a meeting with Eric Schmidt, Google's ...

Shares in FirstGroup plunged 30 per cent on Monday as investors balked at a �615m rights issue and the scrapping of its dividend.

High inflation has cost the economy �10billion over the last three years, according to Ernst & Young. The accountants warn households face spiralling energy and food bills and rail fares.