ECONOMY

As Tictail, the e-commerce platform, launches in the UK, IBTimes UK catches up with CEO Carl Waldekranz.

But low interest rates have boosted the mortgage market and the country is now staring at an overheating property market.

BC partners has agreed to buy German academic publisher Springer Science and Business Media from EQT and Government of Singapore Investment Corp. (GIC).

Italy is battling recession on a war footing and will invest €3bn on public infrastructure in 2013, creating 30,000 temporary jobs.

The Markit flash manufacturing PMI rose to a 16-month high at 48.7 from 48.3 in May.

ONS reports retail sales rise to £6.8bn a week in another positive indicator for ailing UK economy.

Bank of England regulators say five banks - RBS, Lloyds, Barclays, Co-operative Bank and Nationwide - have capital shortfalls.

Ryanair, Europe's biggest low rate aircraft ordered for 175 Boeing 737-800 aircrafts at the Paris Air Show

The Fed could begin pruning its asset buys, from $85bn to $70bn a month, this September.

Britain is considering a break up the Royal Bank of Scotland's good and bad businesses and re-privatising Lloyds Bank, as Chancellor finds the economy has emerged from "intensive care".

The Fed could begin tapering its bond buys, from $85billion to $70billion a month, this September.

HSBC Manufacturing PMI declines to 48.3 in June from 49.2 in May.

IBTimes UK's mole in London's financial district mulls plan to curb bankers' excesses.

Prime Minister David Cameron tells parliament BT's Ian Livingston will replace ex-HSBC chairman Stephen Green as trade minister.

IMF praises Spain for improving economy but warns of risk factors threatening to unravel progress

Financial Conduct Authority fines and bans property dealer for deliberately misleading vulnerable customers.

Anonymous eurozone officials say Cyprus will not get change to €10bn bailout conditions.

Professor Andre Spicer says report also includes the iron fist of changes to regulations, rewards and punishment

Fund manager Simon Somerville says Prime Minister Shinzo Abe’s policies are having a real impact

PCBS report says enforcement of existing sanctions, not new ones, is the immediate way forward

Osborne will outline the future of state-controlled banks in Mansion House speech.

Strategists, economists and fund managers polled by CNBC expect the Fed to prune its bond buying this December.

Labour's shadow chancellor Ed Balls calls for Chancellor George Osborne to implement committee's new banking industry blueprint

Parliamentary Commission on Banking Standards recommends jail sentences for bankers who cause financial disasters.

FOMC will end its two-day meet later in the day and Fed chief Ben Bernanke is due to speak after the meet.

As the PCBS publishes its final report on the banking industry, we take a look behind the panel

Value of exports rise 10.1% to 5.77tn yen, trade deficit widens to 993.9bn yen.

Declaration includes call for tax authorities to share information and stop company profits being shifted around to avoid taxation.

Car sales up 11% in the UK, while Spain, Italy, Germany and France saw declines.