BUSINESS

Banks and financial institutions sanctioned home loans worth £5bn in April, up from £4.8bn in March.

Pay awards in three months to April decline as inflation continues to oupace wage growth - XpertHR.

European Central Bank President says 'Europe needs a more European UK.'

Ex-Special Adviser to UK Parliamentary Committees Professor Michael Laughton says Britain needs to follow the US’ lead in helping producers

UK regulator slaps penalty on troubled bank, already scarred by London Whale trader crisis.

Petrol Traders Association outlines alleged irregularities in oil markets hurting motorists and says Britain failed to act.

Digital personal shoppers will know consumers' needs, quirks and budgets, Steiner tells British Retail consortium.

Asia-Pacific and Latin American markets boost revenue and profit.

Commission on Theft of American Intellectual Property claims China behind 50-80% of thefts.

Office for National Statistics data shows UK economy expanded by 0.3%.

133,869 Mirca cars produced between 2002 and 2006 will be recalled in the UK.

Ford cites market fragmentation and high manufacturing costs for move.

Ford said on Thursday (May 23) it is closing its two Australian motor plants and will cease production in the country in October 2016 after losing $585 million (£389 million) over the last five years.

Blue Coat Systems Director of Product and Solutions Marketing Chris Pace details what we can do to protect ourselves.

ExactTarget’s senior vice president Sameer Kazi says bricks and mortar retailers won’t survive without digital presence.

IMF concludes UK visit by warning George Osborne: 'Slow growth could permanently damage medium-term growth prospects.'

Home Office minister dismisses fears of police cuts undermining fight as FSB report reveals £785bn cost to small firms.

RBS boss Hester says bank on route to full health, bringing UK government stake sale closer to reality.

Housing market activity, manufacturing output and employment intentions have improved, according to the agents.

ONS data shows deficit falling faster than forecast by Office for Budget Responsibility.

Food sales drop 4.1% in April from March - the largest monthly fall in two years.

Bank of England's top policy makers stay away from raising asset purchase programme citing inflation concerns.

Britvic aims to cut £30m in costs annually, by 2016.

Dimon retains dual chairman and chief executive role at JP Morgan as effort to unseat him fails in shareholder vote.

Pre-tax profit for the fiscal year climb to £210m from £203m a year ago.

Investors waiting on US Federal Reserve chief Bernanke's testimony to Congress.

Small firms have lost £785m to cyber criminals, according to a new report from the Federation of Small Businesses. The FSB said, on average, its members lost £4,000 each to online crime.

Apple Chief Executive Officer Timothy Cook defends the company's tax record at a Senate hearing where lawmakers say the maker of iPads, iPods and Mac computers avoid paying U.S. taxes by keeping billions of dollars in profits in Irish subsidiaries.

US Fed chief Ben Bernanke testifies before Congress later in the day.