When Ian Livingston delivered BT's annual results, he had no idea that within six weeks he would be announcing his departure to take over from Lord Green as trade and investment minister.

Dalian Wanda Group (DLWGCZ), the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.

Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.

Ireland's government should stick to planned budget cuts as the nation heads for the bailout exit door, the International Monetary Fund said, warning of growing weariness with austerity across the economy.

Wed Jun 19, 2013 12:30pm EDT. By Neil Maidment. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...