ECONOMY

The new Financial Conduct Authority (FCA) boasts tough powers over consumer credit industry.

However, shop price inflation rises as non-food chains withdraw post-Christmas sales discounts.

Conservative MP and chairman for unconventional oil and gas group tells IBTimes UK about energy security and economic development

Good and bad data from UK economy leaves additional quantitative easing in balance as MPC February meeting starts.

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

Eurozone services sector continues to decline on persistent weakness in France, Italy and Spain.

UK economy likely to be buoyed by powerhouse service sector after disappointing construction and manufacturing data.

George Osborne looking less likely to get EU bonus cap plans changed at finance minister meeting.

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.

Retail sales surge in February on higher demand for big-ticket items and household articles.

China's defence spending growth rate has slowed down in 2013, underlining the recent slowdown in the economy.

Swiss bank Wegelin & Co has been accused of aiding and abetting tax fraud.

China's February services sector PMI indicates moderate recovery for the Chinese economy.

RBA keeps interest rate on hold at 3% as it sees improvement in non-mining sectors of the economy.

Barclays' 'fact finding' law firms Eversheds and TLT Solicitors are breaching the Code of Conduct, say lawyers

The Baltic economy would become the 18th EU member to join the single currency

Spanish unemployment rise is smallest in five years, raising hopes of recovery.

China's luxury car market is boosted by improved income and the people's desire to showcase social status, says a study.

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.

February's PMI survey for construction shows sharpened downturn for struggling construction sector.

Department store Debenhams says in first half trading update UK business 'severely disrupted' by January snowfall.

Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.

The UK property market conditions are boosted by higher house prices in London and Southern England , says Hometrack.

One flight a day to emerging markets could boost UK's trade by about £1bn a year, says CBI.

South Korea's inflation rate falls on weak domestic consumption and strong currency.