Financial Services Authority reveals that banks paid customers £439m in January alone.
China's growing middle class will provide massive boost to the European tourism industry, says research
Investors bet on deeper central bank support in face of tepid data and rising political risks.
US regulator to hold hearing into design and certification of 787 jets.
Vince Cable's right-hand person puts question to parliament after consulting IBTimes UK over series of exclusives.
Oil policy will not change overnight but Malcolm Graham-Wood details the repercussions on the energy markets.
Adidas shares gain as investors expect better sales and bottom-line results in 2013.
France’s jobless rose above 10 percent for the first time since the second quarter 1999
Italian bank suffering huge derivatives losses seeks damages from two former executives as well as Nomura and Deutsche Bank.
BT's £2.5bn fibre rollout project to provide high-speed broadband services across the country.
Britain's second-biggest insurance group says dividend cut will free-up cash to reduce debts.
The spokesman of Monte Paschi di Siena who has been found dead was under pressure over an investigation into alleged corruption and fraud that has rocked the world's oldest bank, newspaper reports said on Thursday.
AirAsia becomes the first foreign firm to enter India's aviation sector as its joint venture with Tatas gets government nod.
While axing investment banking jobs Credit Suisse is also paring back security in line with cost cutting measures
Office of Fair Trading tells 90 percent of payday loans market to tighten business practices or face closure.
Samsung takes 3.04 percent stake in the struggling Japanese firm in a third-party allotment deal.
Verizon considers buying Vodafone’s $115bn stake in joint venture Verizon Wireless
Insurance group lifts shareholder payout by 20 percent and says 'bolt-on' acquisitions will enhance growth.
The new Financial Conduct Authority (FCA) boasts tough powers over consumer credit industry.
Sale nets $3.2bn in cash for loss-making subsidiary of HSBC as asset sales under CEO Stuart Gulliver continue
Unconventional gas, which has repeatedly been called an energy industry game-changer by the International Energy Agency for the past five years, has the potential to create 30,000 jobs in the UK, an MP who supports the controversial technology says.
FSA's Internal Audit Report hits back at politicians by saying it managed rate rigging crisis sufficiently.
The Financial Ombudsman Service's data shows Lloyds retains the crown for most complained about bank
Jaguar Land Rover announces further investments in product development and engine manufacturing.
Emerging markets bank posts nearly $7bn of profits despitehuge money laundering-related fines.
Glencore announces third extension of $33bn tie-up as both parties await approval from authorities in China.
Barclays' 'fact finding' law firms Eversheds and TLT Solicitors are breaching the Code of Conduct, say lawyers
Japan's LNG dependence has soared after the 2011 disaster.
Bank of Ireland posts wider pre-tax losses in 2012 due to charges on asset sales and employee redundancy costs.
UK net lending falls £1.5bn in the first six months of the key monetary policy tool, putting new investor focus on the Bank of England's Thursday interest rate move.