RBS Shares Tumble amid Privatisation Uncertainty
RBS shares bare brunt of confusion over when and how Chancellor George Osborne plans to return bank to private sector.
Viagra: Pfizer's UK Patent Turns Impotent
Pfizer's 15-year grip on the UK erectile dysfuction treatment market goes limp as patent expires - opening door to cheaper generic rivals.
Russia Signs $270bn Oil Supply Deal with China
Russian state-owned oil firm Rosneft will supply 365m tonnes of oil to China over 25 years.
Royal Baby Name Leak at Royal Ascot? 'Huge' Bet on Mary as Name of Prince William and Kate Middleton's First Child
William Hill slashes baby name odds for Mary after man in top hat and tails places bet on way home from Royal Ascot.
FTSE 100 Loses £50bn after Ben Bernanke Signals US Fed Stimulus Slowdown
3% drop is FTSE 100's biggest one-day fall in two years as investors fear QE tap to be turned off in US.
Tictail Founder Carl Waldekranz: Future of E-Commerce is Democratisation
As Tictail, the e-commerce platform, launches in the UK, IBTimes UK catches up with CEO Carl Waldekranz.
UK Retail Sales Jump as Economic Recovery Dawns
ONS reports retail sales rise to £6.8bn a week in another positive indicator for ailing UK economy.
UK Banks' £27.1bn Capital Hole Exposed by PRA
Bank of England regulators say five banks - RBS, Lloyds, Barclays, Co-operative Bank and Nationwide - have capital shortfalls.
BT Value Dives £1bn as CEO Ian Livingston Named Next UK Trade Minister
Prime Minister David Cameron tells parliament BT's Ian Livingston will replace ex-HSBC chairman Stephen Green as trade minister.
IMF: Spain Making 'Strong Progress' in Economic Reforms
IMF praises Spain for improving economy but warns of risk factors threatening to unravel progress
Cyprus in Crisis: Troika Likely to Ignore Nicos Anastasiades' Angry Bailout Terms Letter
Anonymous eurozone officials say Cyprus will not get change to €10bn bailout conditions.
PCBS Final Report: CBI Rejects Call for New Criminal Sanctions Against 'Reckless' Bankers
PCBS report says enforcement of existing sanctions, not new ones, is the immediate way forward
G8 Agrees 'Lough Erne Declaration' on Tax Evasion Crackdown [VIDEO]
Declaration includes call for tax authorities to share information and stop company profits being shifted around to avoid taxation.
G8 Summit: ICC Study Shows Leaders Hypocritical on Trade Talks
International Chamber of Commerce's (ICC) Open Markets Index 2013 reveals not one G8 country made top ten for trade openness.
Moody's Warns of Co-op Bank's 'Imminent' Default Despite Bailout Prevention Plan
Ratings agency Moody's downgrades Co-Operative Bank saying it will default on its debt despite its £1.5bn recapitalisation plan.
Transport Price Spike Pushes UK Inflation to 2.7% in May
ONS says air fares lifted by 22% in May as motor fuel price decline slows on year.
UK Guarantees Scheme: Treasury Has 'Credibility Gap' Amid 'Disappointing' £40bn Infrastructure Injection
Construction industry leaders tell IBTimes UK they want Treasury action to boost UK Guarantees Scheme.
Tunisia May Inject $1.2bn into State-Owned Banks Amid Post-Ben Ali Reforms
Tunisian government recently received $1.74bn loan from International Monetary Fund to aid economic reforms.
Co-Operative Bank Carves Off £14.5bn in 'Bad Bank' Toxic Loans
Co-Op said it will create 'bad bank' of risky assets as it seeks to plug £1.1bn capital gap on balance sheet.
UK Household Finances Hit 40-Month High
Markit Household Finance Index shows creeping optimism among British households as economic recovery in sight.
Anti-G8 Protesters Mass in Canary Wharf in Run-up to G8 Summit
UK Uncut, Occupy London, and Disabled People Against the Cuts call for end of capitalism in London financial district.
Paul Tucker Quits Bank of England After Mark Carney Scooped Mervyn King's Governor Job
Deputy governor Tucker's involvement in Libor undermined chance of getting BoE governor role.
Young Adults Suffering Sharpest Income Fall in UK
IFS research shows over-60s only group to see incomes rise since financial crisis-induced recession.
Stephen Hester Pushed by RBS Board, not George Osborne, Says Treasury
Treasury minister Sajid Javid deflects suggestions chancellor forced Stephen Hester out of RBS.
UK Shale Gas Revolution: Centrica Grabs 25% Stake in Cuadrilla's Bowland Licence
British Gas parent takes first steps in assessing UK's shale gas potential with £40m stake.
RBS Shares Plunge After Stephen Hester Quits [VIDEO]
RBS nearing privatisation though UK government unlikely to break even as share price falls further.
HMRC 'Must Fight Brazen Google's Tax Avoidance' - MPs
Public Accounts Committee, led by Margaret Hodge, says Google defence of UK tax affairs is 'deeply unconvincing'.
UK Long-Term Unemployment Creeps up Amid Government Work Programme Criticism
ONS figures show long-term unemployment rose in February to April as critics brand government's Work Programme "extremely poor".
Jamie Dimon: 'JPMorgan Hid Nothing from Regulators over London Whale Losses'
JPMorgan chief executive and chairman Jamie Dimon hits back at claims bank did not give regulators full disclosure over London Whale crisis.
Wages Dragged down by Welfare Cuts and Non-Unionised Workers
Slashed benefits keeping single parents and older workers in labour market and increasing competition, says IFS.