Category: News Wire

The French foreign minister says France will welcome any businesses that leave the UK, should the country exit the European Union.

Abandoning inflation targeting in Britain would be “irresponsible” and risk a return to the high inflation of the 1970s warned Sir Mervyn King, in what appeared t

A group of more than 100 Barclays staff named in documents linked to the Libor-rigging scandal face being publicly identified after a judge rejected their plea for anonymity.

Latest data shows £4bn of lending to business was removed despite flagship scheme – while mortgage approvals rose

Troubled retailer’s administrators say they will begin honouring customers’ cards and vouchers from Tuesday

British companies have faced tax rises of 19pc in recent years, despite the cut in corporation tax and the Government’s claim to be creating the most competitive rates in the G8.

Royal Bank of Scotland is reportedly planning to break up its investment banking arm as it prepares to be hit with an expected £500 million in fines for its part in the Libor scandal.

The number of shoppers on UK High Streets fell last month, according to the British Retail Consortium (BRC).

The taxman has swooped on twice as many businesses to seize assets from firms that have built up tax debts as it takes a harder line with struggling companies.

The Government must do more than “muddle through” if it is to pull Britain out of its economic hole, economists warned today, ahead of figures expected to show the UK is veering towards a triple-dip recession.

Primark and Asos succeed in fashion market and Dixons and Argos benefit from demise of Comet

Barclays’ new boss has told staff they should quit the bank if they do not want to sign up to a set of standards aimed at rebuilding the British bank’s reputation after a string of scandals.

Bank has set aside $13bn to cover the salaries, bonuses and perks for staff worldwide – a rise of more than $30,000 a head on 2011

Like-for-like sales in the UK and Ireland rose 11% in northern Europe – but in the southern Europe division, sales fell 8%

GlaxoSmithKline, Britain’s biggest pharmaceutical company, has been accused of “corporate greed” by a small business group for extending the amount of time it takes to pay its suppliers to up to three months.