Marks and Spencer has reported a big fall in profits, despite rising sales across the group. Pre-tax profits fell to �564.3m, down from �658m last year, despite group sales rising 1.3% to �10bn for the year to 30 March.

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 bosses of some of Britain's largest multinational corporations have urged David Cameron to stop moralising and rein in his rhetoric on tax avoidance ahead of a G8 summit next month.

The committee, which is made up of senior politicians, on Monday argued that Apple's complex structure includes three Irish-based subsidiaries that appear not be a tax resident anywhere in the world.

Vodafone Group Plc, the second-largest wireless carrier, said earnings may rise to as much as 12.8 billion pounds ($19.5 billion) this year as the company eliminates jobs and stores in Europe and its U.S.