The Bank of England is embroiled in an unprecedented criminal investigation over the potential rigging of its money-market auctions launched at the onset of the financial crisis.
HONG KONG: Bosses at Standard Chartered have given up their bonuses after profits at the Asia-focused bank fell by more than a third last year.
The Government has reached an agreement to sell the taxpayers' stake in Eurostar for �757million as part of a privatisation push aimed at reducing Britain's vast national debt.
The British government has set Russian billionaire Mikhail Fridman a seven-day deadline to explain why it should not block his purchase of a dozen North Sea gasfields this week from Germany's RWE as part of a �5bn deal.
Farfetch, a London-based luxury fashion retailer, has become the latest technology business to be valued at more than $1bn. The company, based in Clerkenwell, is seen as fresh evidence of the capital's efforts to rival Silicon Valley as a hub for digital ...