Banks have a �once in a generation� chance to clean up their act, the chairman of shamed HSBC said yesterday. Douglas Flint told the firm's annual general meeting: �Banking has been given a huge wake-up call and we are committed to playing a key part in ...
Christine Lagarde, the head of the International Monetary Fund, has not been charged after two days of questioning by French judges over alleged complicity in the embezzlement of state funds.
Households paid off �241m more mortgage debt than they borrowed in an effort to get on top of their debts. Before May last year, net lending had never been negative since the BBA started collecting the data in 1997.
Mario Draghi, president of the European Central Bank, tackled the political debate surrounding Britain's EU membership on Thursday night, telling a City of London audience that Europe needed �a more European UK�.
SSE and RWE npower have been given the go-ahead for a �1 billion offshore wind farm. Galloper, a 50:50 joint venture between the two utilities, has received development consent from the UK government for the 140-turbine site 16 miles off the Suffolk coast.