UK unemployment rises by 28,000
UK unemployment has risen by 28,000 to 2.67 million, according to latest figures, which the government says show signs of "stabilising"......
UK AAA rating on new credit watch
The Fitch credit ratings agency has joined Moody's and put the UK's top AAA rating on "negative outlook"......
Goldman boss defends its ethics
Goldman Sachs' boss has rejected claims by a former employee that its environment is "toxic and destructive"......
EC: 'New rules no threat to Pru'
The European Commission says the Prudential is wrong to suggest new rules governing insurance businesses could prompt it to move from the UK......
Zimbabwe government could 'close'
Zimbabwe's government could 'shut down' unless projected diamond revenues start to flow into the treasury, the country's finance minister warns......
EU probe into five telecom firms
The European Union is investigating meetings between five of the region's biggest telecoms, including Vodafone and Deutsche Telekom......
Wi-fi Tube contract won by Virgin
Virgin Media wins the contract to bring wi-fi services to the platforms of the London Underground network from July......
E-traders face tax investigations
People who trade on the internet are being targeted in HM Revenue and Customs' latest focus on unpaid tax......
UK considers super long-term bond
The government is considering issuing a new "super" long-term bond which it hopes will cut the UK's interest payments for years......
UK review for French Connection
Fashion retailer French Connection says it is reviewing its UK store operations after reporting a sharp fall in profits......
Letting agency complaints up 26%
The lettings industry urgently needs to be reformed and regulated, says the Property Ombudsman, after a big jump in complaints......
New stores drive sales at Greggs
The UK's largest chain of bakeries, Greggs, says profits and sales rose in 2011 as it opened 84 new stores......
Profits plunge at Cathay Pacific
Profits at Hong Kong-based airline Cathay Pacific decline by 61% as global economic uncertainty hit demand for travel and cargo shipments......
Households facing a debt 'tide'
Households owed smaller amounts in 2011 than the previous year but faced a "tide" of difficulties in paying back these debts, a report suggests......
China's Wen says 'reforms urgent'
Premier Wen Jiabao says China must press on with reforms, speaking after the last parliament session before a leadership change......
Four banks fail US stress tests
Four US financial institutions, including Citigroup, fail stress tests designed to show they could withstand a financial shock......
Britannica ends its print edition
After 244 years the Encyclopaedia Britannica will no longer be produced in print, new editions will appear only online......
Card refund over faulty implants
A UK woman who was given PIP breast implants that went on to rupture has had their 3,700 cost refunded by her credit card provider......
FSA warns on new buy-to-let fraud
The Financial Services Authority is worried about the fraudulent use of buy-to-let mortgages by some people who cannot obtain an ordinary mortgage......
Tesco imposes higher pension age
The UK's largest supermarket chain, Tesco, tells 172,000 staff that their pension scheme will become less generous......
House sales and lending pick up
The UK property market may be going through a modest pick-up in activity, industry figures show......
China to allow freer yuan trade
China says it will allow the yuan to float more freely as part of its efforts to reform its currency policy......
US financial strains 'have eased'
The US central bank made no change to interest rates at its regular meeting, saying financial market strains had eased......
India consumer prices rise 6.95%
Consumer prices in India rise by a more-than-expected 6.95% in February, driven by a jump in fuel and power costs......
E.On says 'past worst' after loss
Energy company E.On claims it is "past the worst", but still made a loss of 2.2bn euros (1.8bn) during last year......
Kingfisher cuts overseas flights
Kingfisher Airlines says it is "curtailing" its international flights in a bid to cut costs amid a shortage of airline crew......
RBS and Lloyds to cut 1,900 jobs
Part state-owned banks RBS and Lloyds have announced they will cut 1,900 jobs between them as they reorganise......
Murray denies 'hidden' contracts
Sir David Murray insists there were never any hidden contracts for players during his era as Rangers owner......
Union rejects Olympic pay offer
A union rejects a London Underground pay offer of 850 for engineering staff to work during the Olympic Games, due to "unacceptable conditions" attached to the deal......
Olympics double hotel room price
An annual survey of hotel room prices has found that visitors to London will pay twice as much to stay as last year......
VIDEO: Mervyn King goes back to basics
Sir Mervyn King tells School Reporters about his role as the Governor at the Bank of England and why the financial crisis started......
VIDEO: What should Osborne do in Budget?
Blogger Tim Montgomerie defended his list of ideas for the chancellor ahead of next Wednesday's Budget......
VIDEO: Women hit hardest by unemployment
Women have again been hit hardest by the rise in unemployment, making up almost 80% of those who have lost work in the last three months......
AUDIO: Goldman Sachs man's feisty exit
The Today programme's Simon Jack reports on the extraordinary resignation letter penned by an employee at Goldman Sachs......
AUDIO: 100-year bonds to 'lock in' low interest rates
Bill Blain, senior director in special situations at NewEdge Group, analyses the chancellor's plans to issue 100-year bonds......
VIDEO: Mashable 'to sell for 130m'
An American media firm is said to be negotiating to buy the technology website Mashable for more than 100m......
VIDEO: Encyclopaedia ends print run
The Encyclopaedia Britannica has decided to end its print edition and from now on it will only be available online......
South Korea embraces free trade as US deal kicks in
Will new trade deal benefit South Korean consumers?.....
Car start-up targets tech firms
The electric car start-up being test driven by Google and Microsoft.....
Quantitative easing for beginners
School children extract admissions from Bank governor.....
Chunks of data to calculate inflation
How the pineapple will be used to calculate the cost of living.....
Facing a child benefits dilemma
What the changes planned for next year will mean for you.....
Could gold have a role in calming financial markets?
Can the precious metal calm financial markets?.....
Over-the-top technologies are key
The industry's real battleground will be 'over-the-top' technologies.....
Chinese leaders ponder a stable economic future
China strives to stabilise its economy.....
Goldman Sachs: The vampire squid under attack
Mar. 14 - The code of "Omerta" is broken at Goldman, as an executive resigns in a scathing op-ed published in the New York Times. Three experts give their take on what one calls Goldman's "worst nightmare"......
U.S. Day Ahead: Rising PPI makes for an uncomfortable Fed
Correspondent Pedro Da Costa says a long-term jump in producer prices would likely be a call to arms for the Federal Reserve.....
Scathing Goldman editorial won't hurt business: author
Mar. 14 - Bill Cohan, author of "Money and Power: How Goldman Came to Rule the World" sees editorial that attacks Goldman and its culture having little impact on the company's bottom line......
Reinventing the race car
March 14 - Nissan will power a revolutionary DeltaWing car that will enter this year's Le Mans 24 Hours endurance race. Andrew Potter reports......
Breakingviews: Muppets or clients?
March 14 - Rob Cox and Breakingviews columnists discuss the implications of a public resignation in the New York Times of a Goldman Sachs banker......
Steady stocks on stress test results
Mar 14 - Summary of business headlines: Stocks hold steady after bank stress tests; U.S. import prices rise in February, Encyclopaedia Britannica goes all digital. Bobbi Rebell reports......
European Close: A Look at EMEA Markets and Ahead to Tomorrow
Mar. 14 - A look to the close of the EMEA markets and a look ahead to the next day's trading, as well as what to expect from the Asian markets overnight......
Trading at Noon: Wall St. flat after Fed, bank results
Mar. 14 - U.S. stocks were largely flat as investors balanced comments from the Fed on the economy and banks' stress tests......
Inflation will be a "big problem" for the Fed: Bianco
Mar. 14 - Bianco Research president Jim Bianco points out that many indicators suggest inflation is already above the Fed's target of 2% and that the central bank may have to be aggressive when it raises rates......
Cheltenham Festival is good bet for Britain
Mar. 14 - One of the most lucrative events for the betting industry is underway in rural England. More than 300 million pounds will be spent this week on race bets at The Cheltenham Festival - the pinnacle event of the UK jump racing season - and tha.....
Hugo Boss suits Asia
Mar. 14 - After a record year in 2011, driven by demand from Asian consumers, German fashion house Hugo Boss says sales growth will slow to around 10% in 2012, partly due to an expected slowdown in China. Joanna Partridge reports.....
Hugo Boss tailored to China
Mar. 14 - The CEO of German fashion house Hugo Boss says red-hot Chinese demand for must-have designer labels will help sales to rise by up to 10 percent in 2012......
3XSQ: Goldman Sachs blasted by executive
Mar. 14 - In an op-ed in the New York Times, banker Greg Smith slams the "rip-off" culture at Goldman Sachs before departing the company......
Breakingviews: A UK 100-year bond bad news for pension funds
Breakingviews.....
UK unemployment highest since 2009
Mar. 14 - The number of people in Britain unemployed and claiming benefits rose by 7,200 in February. UK Jobs Minister Chris Grayling says any rise in the number is unacceptable......
Data Freak: Asia bourses cut lunch to boost competitive edge
Mar. 14 - Asian stock exchanges are stepping up trading hours to try and compete with the likes of New York and London. But the data suggests Asia exchanges have more to worry about than trading hours......
Reuters Today - Citi gets shock fail mark
Mar. 14 - Citigroup gets a shock fail mark from the Fed, but equity investors focus on the sunnier outlook for other banks and the wider economy......
Market Pulse: Banks lead as European shares power ahead
Mar. 14 - Stocks extend the week's rally in the wake of an upbeat outlook on the US economy from the Federal Reserve......
Fed: Most banks not stressed
Mar 13 - Three of the 19 largest U.S. banks and one insurer failed the Federal Reserve's bank stress tests. Carmen Roberts reports......
Dow's best close since 2007
Mar 13 - Wall Street rallied as results from the Federal Reserve's bank stress tests started to trickle out , adding to gains made after the Fed left its ultra-low monetary policy unchanged and stronger-than-expected retail sales data for February. C.....
Fed's hard sell for easy money
Mar 13 - Federal Reserve Chairman Ben Bernanke and his merry members of the Fed's interest rate setting committee meet amid signs the U.S. rebound is gaining ground. Conway G. Gittens reports......
U.S. Day Ahead: Bernanke to reassure banks are healthier
Correspondent Mark Felsenthal says Fed Chair Ben Bernanke is likely to say financials are in better health after stress tests, when he gives a speech before a community bankers' convention......
Inside the Fed lockup: Fed says market strains have eased
Fed Correspondent Pedro Da Costa reports from inside the Treasury Department lock-up that Fed policymakers say financial market strains have eased, although downside risks remain.....
EU punishes Hungary
Mar. 13 - European Union finance ministers have suspended Hungary's access to half a billion euros in aid from next year for failing to keep its budget in check, but told Budapest it could escape the sanctions if it takes remedial fiscal action by Ju.....
Obama: jobs center of China dispute
March 13 - U.S. President Barack Obama said a joint trade dispute between the U.S., Japan and the European Union against China is an effort at making sure the global marketplace is an even playing field for U.S. workers. Rough Cut (no reporter narrat.....
OpCapita offers Game Group a lifeline
OpCapita, the owner of electricals retailer Comet, has thrown a potential lifeline to Game Group by making a rescue proposal to take control of the stricken computer games retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
RBS 'not competitive' on top bankers' pay
The Royal Bank of Scotland (RBS) paid 386 employees "an average" of 800,000 each last year - but is only just retaining the "pretence" of competition, the chairman of UK Financial Investment (UKFI) warned.<img width='1' height='1' src='http://tele.....
Welcome to the new muppet show at Goldman Sachs
So, who's the muppet? The investment banker who woke up and discovered he had a conscience, swapping his career for five minutes of fame? Or the clients of Goldman Sachs?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Investors must have say on unjustifiable pay
Britain's executive pay has become "unjustifiable" and Vince Cable is right to give extra powers to investors to veto excesses, the Institute of Directors (IoD) has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Apple to account for 10pc of US cash pile
Apple could account for more than 10pc of the America's corporate cash pile by the end of the year, according to Moody's, underlining the pressure the iPad maker is under to return money to shareholders.<img width='1' height='1' src='http://telegr.....
Icelandic bank Glitnir to repay UK councils
More than 50 local authorities that held money with the failed Icelandic bank Glitnir are to be paid in full more than three years after the bank collapsed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d720c05.....
Barclays duo enjoy 20m payday
Barclay's top two investment bankers each cashed in 10m of share awards today as six other directors shared a 7.35m payday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d720c06/mf.gif' border='0'/><br/&g.....
Smiths Group has euro contingency plans
Smiths Group, the FTSE 100 engineering conglomerate, has drawn up contingency plans for one or more countries leaving the euro.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d720c07/mf.gif' border='0'/><b.....
Crisis deepens at Kingfisher Airlines
British Airways has suspended its code-sharing agreement with beleaguered airline Kingfisher as the Indian carrier's woes deepened today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d720c08/mf.gif' border='0'.....
BHP Billiton picks London for trading units
BHP Billiton, the world's biggest miner, is bringing key trading operations to the UK, a move seen as a vote of confidence in London's position as a global centre for the natural resources industry.<img width='1' height='1' src='http://telegraph.f.....
Row grows over Luton expansion
Abertis, the Spanish operator of Luton airport, is on a collision course with its council-controlled owner after yesterday publishing a rival expansion plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d71ce0.....
Solvency II 'a mess' warns head of L&G
Plans to impose new capital rules on the European insurance industry have descended into a "mess", the outgoing chief executive of Legal & General has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d.....
Part-time Britain helps slow jobless rise
Signs that private sector job creation is finally starting to offset public sector redundancies have been overshadowed by millions of workers being trapped in "underemployment".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
FSA called to account on interest rate swap concerns
The chairman of the powerful Treasury Select Committee has intervened in the growing controversy over the sale of complex derivatives by investment banks to small businesses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
UK could lose coveted AAA rating, warns Fitch
Fitch Ratings has warned it could downgrade the United Kingdom's AAA rating in the next couple of years if the government fails to contain the expansion of its public debt.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Fitch cuts UK outlook to 'Negative': the full statement
Fitch has cuts UK outlook to 'Negative' citing 'very limited fiscal space to absorb further adverse economic shocks', in a move that puts country's coveted AAA rating under further pressure. Here is the statement in full.<img width='1' height='1' .....
Goldmans has the chance to change, but will probably blow it - again
The resignation letter of Greg Smith, a middle-ranking trader at Goldman Sachs, has caused outrage and fascination. Swallowing his version entirely, just because it's what we want to hear, might be unwise, however.<img width='1' height='1' src='ht.....
Debt crisis: as it happened - March 14, 2012
Fitch cuts UK outlook to 'Negative' citing 'very limited fiscal space to absorb further adverse economic shocks', in a move that puts country's coveted AAA rating under threat.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Debt crisis: live
Fitch cuts UK outlook to 'Negative' citing 'very limited fiscal space to absorb further adverse economic shocks', in a move that puts country's coveted AAA rating under further pressure.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Britain's inflationary route to default
George Osborne's idea of refinancing the national debt with 100-year gilts, or even gilts issued in perpetuity, is a bit too clever by half.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d717453/mf.gif' border=.....
High street heartened as Caz says 'buy'
Traders headed to the high street as JP Morgan Cazenove told investors it was "time to buy" into the retailers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d71112d/mf.gif' border='0'/>.....
Goldman Sachs letter sparks online parodies
When senior Goldman Sachs executive Greg Smith resigned, attacking the "toxic" culture at the firm in what has already been called a PR disaster, he probably did not expect to be compared to Darth Vader.<img width='1' height='1' src='http://telegr.....
Goldman Sachs chief Lloyd Blankfein 'disappointed' by claims of 'toxic' greed
Blankfein defends bank after executive attacks 'toxic and destructive' culture in New York Times resignation letter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d702941/mf.gif' border='0'/>.....
Goldman chief Lloyd Blankfein defends bank in memo to staff
Two of Goldman Sachs' top executives, including chief executive Lloyd Blankfein, have sent a memo to employees after one staff member used a New York Times article to quit, claiming that the culture at the top investment bank had become one of 'toxic.....
Graphic: Fall in public sector employment masked by private sector growth
New figures from the Office for National Statistics showed a small increase in the number of people in work, as the private sector grows.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d702943/mf.gif' border='0'.....
