Bank outlines further stimulus
The Bank of England will launch two new stimulus packages in response to the worsening economic outlook, governor Sir Mervyn King has said......
Spain borrowing costs at new high
Spain's borrowing costs reach a new euro-era record, with 10-year bond yields hitting 7% - a level many analysts believe is unsustainable......
Chancellor hails banking reforms
Chancellor George Osborne says "taxpayers will be better protected when things go wrong" thanks to banking reforms outlined by the government......
Germany says 'no' to eurobonds
Germany's deputy finance minister, Steffen Kampeter, rules out "eurobond-lite" plans to pool part of eurozone countries' debt......
Nokia to cut another 10,000 jobs
Nokia cuts another 10,000 jobs and warns that second-quarter losses from its mobile phone business will be larger than expected......
Stanford gets 110 years for fraud
Disgraced Texas tycoon Allen Stanford, famed for bankrolling cricket in the Caribbean, is jailed for 110 years for running a $7bn Ponzi scheme......
Income fall 'biggest since 1981'
The average take-home incomes of UK households fell in 2010-11 by 3.1%, the biggest fall since 1981, says the Institute for Fiscal Studies......
450 Unilever jobs under threat
Consumer goods giant Unilever is planning to shut its sites in Slough, Swansea and Bridgend with the loss of 800 jobs......
Sky and BT shares fall on TV deal
Shares in BSkyB and BT fall on concerns over the amount paid by the two firms to secure the rights to show live Premier League matches......
US consumer prices fall in May
US consumer prices fell by 0.3% in May, the biggest monthly fall in more than three years, due largely to a sharp drop in petrol prices, figures show......
UK car output highest since 2004
Car production in the country rose to its highest since 2004, according to figures from the Society of Motor Manufacturers and Traders......
Sharp drop in mortgage lending
Mortgage lending slumped in April after the end of the stamp duty concession for first-time buyers, lenders say......
Creditors turn down Rangers deal
The creditors of Rangers formally rejected a CVA proposal which would have allowed the club to trade its way out of administration......
Big tax settlements 'reasonable'
Five large tax settlements agreed by HM Revenue & Customs were reasonable, says the National Audit Office......
Child poverty down as income dips
The number of children living in poverty in the UK fell by 300,000 last year as household incomes dropped, official figures reveal......
Esprit shares hit as chair quits
Shares of Esprit fall further after its chairman becomes the second senior executive to leave the firm in as many days......
Man Utd 'could shift share sale'
Manchester United football club is considering moving its planned stock market flotation to the US from Singapore, reports suggest......
Westlife singer declared bankrupt
Westlife singer Shane Filan is declared bankrupt in the UK after his Irish property development company got into difficulties......
Motoring fines set to rise to 90
Fines for motoring offences such as speeding should be increased from 60 to 90, the government suggests......
Big rise in working pensioners
The number of people in the UK working beyond state pension age has risen to 1.4 million, almost doubling since 1993......
Royal Mail next-door delivery aim
Royal Mail is applying for all its postmen to be able to leave large items of mail with a neighbour if the addressee is not at home......
Spain and Cyprus ratings slashed
The crisis-struck Spanish and Cypriot governments' credit ratings are cut by Moody's, leaving Spain just above "junk" levels......
US retail sales see further fall
Retail sales in the US fell for the second month in a row in May, giving further evidence that the economy remains weak......
Eurozone factory output falls
Output from eurozone factories fell 0.8% in April, less than the 1% many analysts had forecast......
Shell shelves Brazil biofuel plan
A biofuel venture set up by Shell in Brazil is to give up plans to buy sugar cane grown illegally in ancestral indigenous lands......
Mulberry annual profits jump 54%
Profits jump at luxury goods company Mulberry, famous for its leather bags, but its shares fall after recent sales growth disappoints......
Malaysia's Felda 'raises $3.1bn'
Palm oil company Felda Global Ventures is set to raise $3.1bn (2bn) in a share sale in Kuala Lumpur, reports suggest......
Green completes Rangers purchase
Charles Green completes his purchase of Rangers' assets - shortly after former manager Walter Smith announces a last-minute bid......
BT to show Premier League games
BT secures the rights to broadcast 38 Premier League games per season from 2013-14 to 2015-16, while BSkyB will show 116 matches......
Extent of Bulls tax debt revealed
Bradford Bulls could be forced into administration after being issued with a winding up order by HM Revenue and Customs over unpaid tax......
VIDEO: Osborne unveils plan to get banks lending
The Chancellor said he would work with the Bank of England on a plan to provide billions of pounds of cheap credit to banks, to stimulate lending to households and businesses......
VIDEO: Germany says no to eurobonds
Germany's deputy finance minister has ruled out "eurobond-lite" plans to pool part of eurozone countries' debt......
VIDEO: Hunt appointment 'not botched decision'
Culture Secretary Jeremy Hunt's appointment to handle the News Corporation bid to buy BSkyB was not "some rushed, botched, political decision", David Cameron said......
AUDIO: How will banking reform work?
The Chancellor George Osborne will reveal today the details of what he calls fundamental reforms of the whole banking structure. Business editor Robert Peston and Angela Knight, the former head of the British Banker's Association, give their thoughts.....
AUDIO: TV football deal '14m boost per club'
Why is the English football Premier League the richest sporting organisation in the UK and the television deals so expensive? Professor Tom Cannon and David Mellor debate......
VIDEO: WPP shareholders oppose pay deal
WPP shareholders have voted against the company's executive pay report, which includes a 6.8m deal for chief executive Sir Martin Sorrell, by a majority of 59.5%......
VIDEO: Getting youths into training and jobs
Many firms think school and college leavers lack the skills they need for the workplace, a CBI report found this week, but there are projects to help young people into training and work......
VIDEO: 'Black cloud of uncertainty' over economy
The Governor of the Bank of England announced plans to stimulate the economy because the eurozone crisis had created uncertainty......
Who's afraid of the euro crisis?
The fears stalking Europe's political leaders.....
Indonesia clamps down on consumption
Indonesia clamps down on consumption.....
Is it game over for Greece?
Will bank run mean game over for Greece?.....
Architects of the euro reflect on its origins
Architects of the euro reflect on its origins.....
Pension saving choices explained
How to get the best from your pension savings.....
Bad times for global markets
Are there any reasons for hope on global markets?.....
Vietnamese not feeling effects of slowing inflation
Falling prices are not being felt in Hanoi markets.....
U.S. Day Ahead: Traders eye global liquidity plan
reported exclusively central banks were ready to turn on the taps to combat any fallout from the Greek elections on the weekend......
Exclusive: Central banks could act after Greek vote
correspondent Stella Dawson reports central banks from major economies stand ready to take action to stabilize financial markets if Sunday's election results in Greece cause chaotic trading......
Worst case in Europe could be as bad as Lehman: Bianco
June 14 - Bond investor Jim Bianco says reports of a possible coordinated central bank effort to provide liquidity after the Greek election could mean things are as bad as after the Lehman Brothers collapse......
Trading at Noon: UBS, Credit Suisse to boost capital
June 14 - Switzerland's central bank urged the country's two major banks to bolster their loss-absorbing capital......
Hollande and Monti in crisis talks
Jun 14 - Angry workers carry out a spontaneous demonstration, marching on parliament as French President Francois Hollande meets with Italian Prime Minister Mario Monti......
Spanish protestors sue ex Bankia chief
Jun 14 - As public anger grows about nationalised Spanish lender Bankia, a group of protestors are starting civil and criminal proceedings against the bank's former chairman......
Bair: Banks should quit complaining and start reforming
June 14 - U.S. banks still need to boost their capital levels especially given the worsening euro zone debt crisis, according to Sheila Bair, head of the new regulatory watchdog the Systemic Risk Council......
Men's fashion takes center stage
June 14 - No longer the perennial poor relation of women's high fashion, menswear is staking a larger claim on the lucrative fashion stage as London hosts its first fashion weekend for men and online startup firm StylePilot aims to take the pain out .....
Breakingviews: Lazards surprising new board member
June 14 - Breakingviews editors discuss why the independent investment bank has chosen Richard Parsons as a director, six years after publicly criticizing his leadership of Time Warner......
Wealth Strategies: Need info on risk, profit at JPM unit
June 14 - FBR's Paul Miller says that without clarity on the profits coming out of JPMorgan's chief investment office, there's no way to know how much the company's profits will be hit......
Europe Day Ahead
June 14 - A look at Friday's key market events including pre-election jitters over Greece, UK trade figures, H&M sales and a Syrian opposition coordination meeting......
3XSQ: Jobless claims put more pressure on Obama
June 14 - Rising jobless claims are the latest challenge for President Obama as he gives a major economic address today in Ohio......
Spain's debt hits record 7%
June 14 - A day after ratings agency Moody's cut Spain's government debt rating, Spanish bond yields hit 7%, a level previously seen as unsustainable long-term. Economists say the country faces an uphill battle to avoid a sovereign bailout on top of .....
U.S. Morning Call: Greek stocks soar; Nokia job cuts
June 14 - Greek stocks are up nearly 7 pct today on talk that pro-bailout parties are likely to win Sunday's elections, and Nokia is set to cut one in five jobs......
Market Pulse: Spain at 7% creates a noise...but only noise
June 14 - Spanish bond yields hit a euro record 7%, sending stocks lower. But it is only a number, should be ignored, and doesn't mean Spain is heading for a bailout. Plus, Nokia and Credit Suisse shares dive......
HTC's newest phones impress - but can it remain a player?
June 14 - HTC CEO Peter Chou says the company is undergoing a transformation, as it grapples for share in the hotly contested smartphone market and attempts to fend off rival Apple in a bruising patent battle......
Nokia to cut 10,000 jobs
June 14 - Finnish mobile phone maker Nokia is cutting 10,000 more jobs and selling off its luxury handset unit Vertu, in a bid to keep the company alive in the face of a weakening market share and cash position. Sonia Legg reports......
Breakingviews: No light at the end of the tunnel for Nokia
Breakingviews......
Retailer Esprit in the doghouse
June 14 - Top executives, shareholders and customers are abandoning this former star brand, leaving the clothing retailer ripe for a takeover......
Reuters Today: 7% Spain yield, ECB buying looms- Commerzbank
June 14 - Spanish yields set to cross the 7% Rubicon any day now, prompting the ECB to act, after Moody's slashes Spain's credit rating to the brink of junk. So says Commerzbank's Peter Dixon......
China RV boom 'waiting to happen'
June 14 - A lack of camp sites and decent roads and legal confusion is said to be holding back an explosion in China's recreational vehicle market. Paul Chapman reports......
Wall St loses nerve, Dimon keeps his
June 13 - Summary of business headlines: Global worries erase stock gains; JPMorgan CEO stands up to lawmakers; Data shows U.S. economy slows further in May; OPEC debates production cut. Conway G. Gittens reports......
Stars align for synthetic vocal cord trials
Jun 13- Mega-star singers Roger Daltrey, Steven Tyler and Julie Andrews have thrown their support behind ground-breaking research in Boston, to produce synthetic vocal cords for people who cannot speak because of disease or injury. The scientists beh.....
JPMorgan's Dimon outshines Senators
June 13 - JPMorgan Chase CEO Jamie Dimon held his own at the Senate Banking Committee hearing- apologizing for missing his bank's $2 billion trade, but saying big dumb banks should be allowed to fail. Bobbi Rebell reports......
Jack & Suzy Welch: Dear intern, this is your audition
columnists Jack and Suzy Welch......
Mansion House 2012 speeches: reaction
Plans to kick-start Britain's ailing economy with a 140bn emergency injection were largely welcomed on Thursday. Here's how the speeches were received.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205c6ae0/mf.g.....
Mansion House speech: George Osborne presented with GCSE maths book
George Osborne was confronted by a man with a GCSE maths book as he prepared to make his annual speech at Mansion House.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205bed09/mf.gif' border='0'/><br/>&.....
Osborne unveils 140bn scheme to kick-start stagnant economy
Chancellor's scheme involves BoE offering money to high-street banks to kick-start mortgage and small business lending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205bed0a/mf.gif' border='0'/><br/>&l.....
140bn to kickstart stagnant economy
Chancellor's scheme involves BoE offering money to high-street banks to kick-start mortgage and small business lending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205bd632/mf.gif' border='0'/><br/>&l.....
Mansion House Speech: UK economy is so depressed there could be little demand for credit
The devil is always in the detail, but on the face of it, news of an extra 140bn of cheap funding for the banks - worth close on 10pc of annual GDP - comes in the nick of time.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Sir Mervyn King's Mansion House speech: in full
Banks across Europe urgently need a "major recapitalisation" to rebuild their solvency buffers, the Governor of the Bank of England said. Here is his speech in full.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Mansion House speech: Sir Mervyn King says European banks need 'major recapitalisation'
Banks across Europe urgently need a "major recapitalisation" to rebuild their solvency buffers, help ease the eurozone crisis, and kick-start the recovery, the Governor of the Bank of England said.<img width='1' height='1' src='http://telegraph.fe.....
George Osborne's Mansion House speech: in full
George Osborne announced a 140bn emergency scheme to try to avoid a second credit crisis caused by the ongoing chaos in the eurozone. Here is his speech in full.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205.....
Debt crisis: ECB last hope as dam breaks in Spain
Spain's borrowing costs have surged to record highs and are perilously close to the point of no return, threatening a full-blown sovereign crisis unless the European Central Bank comes to the rescue.<img width='1' height='1' src='http://telegraph......
Debt crisis: as it happened, June 14, 2012
Spanish borrowing costs hit record high of 7pc, a level widely-believed to be unaffordable, while the ECB says it can do no more to help debt-laden eurozone nations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Debt crisis: years of Greek recession take their toll as election looms
It was not just his freshly laundered "I Love London" t-shirt that distinguished Vangelis from the throng of people queuing for free food in central Athens on Thursday. It was his place of work.<img width='1' height='1' src='http://telegraph.feeds.....
Sir John Vickers criticises government banking reforms
The government's reform of the banking system have been criticised by Sir John Vickers, the man responsible for drawing up the series of recommendations on which the package is based.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Allen Stanford sentenced to 110 years in prison for $7bn Ponzi scheme
Texan financier is sentenced to 110 years in prison for orchestrating a $7bn (4.6bn) Ponzi scheme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205b5af1/mf.gif' border='0'/><br/><br/><a href=".....
Debt crisis: the cost of default - rioting, sieges and death
In late December 2001, the streets of Buenos Aires descended into anarchy. Thirty-nine people died in violent protests, which forced president Fernando De la Ra to resign, fleeing in a helicopter as the riots intensified.<img width='1' height='1' .....
BSkyB and BT shares fall on fears they overpaid for Premier League football
BSkyB and BT have been yellow-carded by investors after jointly committing to pay 3bn to screen Premier League football - decisions that wiped a total of 974m off their market values on Thursday.<img width='1' height='1' src='http://telegraph.feed.....
BSkyB and BT shares fall on fears they overpaid for Premier League football
BSkyB and BT have been yellow-carded by investors after jointly committing to pay 3bn to screen Premier League football - decisions that wiped a total of 974m off their market values yesterday.<img width='1' height='1' src='http://telegraph.feedsp.....
Debt crisis: Francois Hollande and Mario Monti call for more action
The French and Italian leaders warned more must be done to fight the eurozone debt crisis, in a show of unity which marks a growing Latin revolt against the austerity advocated by Germany.<img width='1' height='1' src='http://telegraph.feedsportal.....
Diageo bulls fail to lift the spirits of traders
With Spain's economic crisis still bubbling and uncertainty brewing ahead of the Greek elections, traders could not be blamed for turning to drink.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205afd0c/mf.gif' .....
Debt crisis: live
Spanish borrowing costs hit record high of 7pc, a level widely-believed to be unaffordable, while the ECB says it can do no more to help debt-laden eurozone nations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Angela Merkel: Germany cannot save the euro on its own
Germany cannot save the euro single-handedly, Angela Merkel has warned, expressing her growing anger over British, American and G20 demands that she does more to tackle the eurozone debt crisis.<img width='1' height='1' src='http://telegraph.feeds.....
Celebrities who went bankrupt
Westlife star Shane Filan has been declared bankrupt - we look at 14 other stars who have fallen on hard times.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2059f2d2/mf.gif' border='0'/><br/><br/>.....
Debt crisis: Switzerland vows to defend 'safe-haven' franc
Switzerland's central bank warned it is determined to stop its "safe-haven" currency from rising further amid the eurozone turmoil, hinting at capital controls.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205a.....
Falkland Islands Holdings to raise 10m to invest in oil boom
Falkland Islands Holdings plans to raise up to 10m to prepare for a potential oil boom in the South Atlantic.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/205a1de1/mf.gif' border='0'/>.....
Falkland Islands Holdings to raise 10m to invest in oil boom
Falkland Islands Holdings plans to raise up to 10m to prepare for a potential oil boom in the South Atlantic.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2059f2d3/mf.gif' border='0'/><br/><br/>&.....
America will soon need to take advice it offers Europe
It should not have been a surprise that US Treasury Secretary Timothy Geithner veered between fits of laughter and a tone of chilling gravity when he spoke to the Council on Foreign Relations in Washington this week.<img width='1' height='1' src='.....
