The backlash against corporate tax avoidance could end up costing the country jobs and investment, a Treasury minister has warned, as David Cameron outlined plans for international action on closing loopholes at a meeting with Eric Schmidt, Google's ...

The FTSE 100 closed at its highest level for 13 years today as investors continued to plough into shares. The London blue-chip index closed above its pre-financial crisis high of 6,732.4 hit in June 2007 at 6,755.6 today.

Shares in FirstGroup plunged 30 per cent on Monday as investors balked at a �615m rights issue and the scrapping of its dividend.

Members of the United States Senate are expected to sharply criticize Apple's global tax tactics while questioning the company's chief executive, Timothy D. Cook, at a Congressional hearing on Tuesday.

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...