The long-awaited report by the Parliamentary Commission on Banking Standards has been published. The review was commissioned in 2012, following a number of scandals in the banking industry.
Chinese property developer Dalian Wanda Group has said it will spend more than �1bn ($1.6bn) to buy a British yacht maker and develop a hotel in London.
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.
Royal Mail workers have voted strongly against the government's proposals to privatise the postal group. Of the 112,000 workers who voted - a 74% turnout - 96% rejected the plan, which could see the firm float on the stock exchange next year.
FRANKFURT/LONDON | Wed Jun 19, 2013 1:00pm BST. FRANKFURT/LONDON (Reuters) - Vodafone is discussing a bid of about $10 billion (6 billion pounds) with Germany's No.