ECONOMY

HSBC, Barclays, Lloyds Banking Group and RBS' jobs cull will drag employment down to a nine-year low

Chancellor George Osborne says spending review cuts will hit government departments but not the welfare bill.

Booker takes over at Britain's Co-operative Group following government bailout concerns

Business volumes rise at their fastest pace since August 2007 in the consumer services sector, according to CBI.

60,000 more shops will be shut down in five years, says the Centre for Retail Research.

Nearly 3.7% of the country's work force remain out of work, showed a government data.

Among the 41 companies tracked, 30 posted profit growth, eight reported drop in income.

Average house prices rise 0.4% in England and Wales in May, the highest pace in six years, says Hometrack.

CEO's future in doubt as chairman calls non-executive directors to discuss succession.

Youths torch cars in Stockholm as first incidents reported in Orebro and Linkoping.

Rationing would have been inevitable if bad weather had gone on, officials warn.

Thinktank CentreForum says move would rake in extra £2.3bn for UK Treasury and help pay off budget deficit.

HSBC could face charges after judge questions $2.3bn immunity deal struck with prosecutors.

UK Business secretary tells IBTimes UK that Britain's biggest banks are lying and challenger banks will boost lending

Business secretary tells IBTimes UK parliament wants to stop businesses being driven into bankruptcy by crippling interest rate swap agreement payments.

UK manufacturers doubt abilities of the nation's young, finds Institution of Mechanical Engineers.

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.

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%.

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.