UK Inflation: Bank of England Powerless to Control the Inflation That Really Matters
The tiny bump in the cost of living seems tame to policy makers, but in Britain, rising prices are an undeniable fact of life.
Eurozone Inches From Recession But German Data Points to Second Half Slide
First quarter revision prevents recession, but German Economic sentiment data indicates a tough second half for region's economy.
Germany, France Economies Slow as Analysts Look to Eurozone Recession
Europe's largest economies stall as debt crisis threatens to push region into formal recession.
US Drought May Push G20 to Act on Global Food Prices
Hottest July on record increases fears of another global food crisis as corn prices spiral
IBTimes Business Podcast: 'The Send the Bankers to Mars' Edition
IBTimes Business journalists Lianna Brinded, Shane Croucher and Martin Baccardax run through the big stories of the week in this latest edition of the Business Podcast.
London Olympics 2012: 'Britain's Games' Puts the Cool Back in Britannia [BLOG]
Britons have learned to love success again after near-perfect fortnight of sporting and organisational success that was London 2012, says Martin Baccardax.
UK Trade Deficit Widens to Record
Britain's trade deficit grew bigger in the second quarter, reaching £11.2bn compared with the previous three months' £7.8bn reported the Office for National Statistics.
Standard Chartered: Mervyn King Rebukes New York Regulator But Insists no 'Trade War'
Bank of England governor's comments highlight concerns in London and Washington over Benjamin Lawsky's unilateral pursuit of Standard Chartered.
Rogue Traders? British Banks in the Crosshairs as US Regulators Protect Their Turf
The global battle for financial centre dominance has British banks, including Standard Chartered, fighting for their international reputation.
Global Investors Mark Fifth Anniversary of Financial Market Crisis With Little Optimism
BNP Paribas's decision to freeze US subprime investment funds lit credit crisis touchpaper in the summer of 2007
Swimming Against the Tide: Ye Shiwen's Incredible Performance Stretches Credulity
It's hard to blame Shiwen for the sins of her compatriots, but it's harder for us to accept her stunning performance because of their history.
RBS Dumps Traders Amid Libor Probe as Profits Dip
State-owned RBS sets aside around £310m to cover mis-selling claims and bank system failures that locked-out 15m customers in June.
ECB: Markets Slump As Draghi Fails to Follow Support Pledge with Specific Details
Investors disappointed by ECB President Mario Draghi's press conference in Frankfurt as bond purchase programme remains dormant.
Britain's Greatest Olympian? Bradley Wiggins' Gold Sparks 'Best Ever' Debate
Bradley Wiggins is Britain's most-decorated Olympian, but is he the nation's greatest? IBTimes UK journalists weigh-in.
IBTimes Business Podcast: The 'Citius, Altius, Fortius' Edition
IBTimes Business journalists Lianna Brinded, Shane Croucher and Martin Baccardax run through the big stories of the week in this latest edition of the Business Podcast.
London 2012 Olympics: 'All That Twitters is Gold' as Social Media Dominates Games
The so-called 'Twitter Games' has highlighted the power of the upstart micro-blogging site as Facebook sinks into silence.
SocGen Shares Rise as Retail Earnings Offset Investment Profit Slump
France's second-largest bank sees steep decline in investment banking profit but avoids Libor taint
Deutsche Bank To Cut 1,900 Jobs in €3bn Strategy Review After Earnings Miss
Shares in Europe's second-largest bank rise sharply after job cuts placate investor concern over weak investment bank earnings.
UBS Vows Nasdaq Action After Facebook IPO Loss Hits Bottom Line
Switzerland's biggest bank pursues legal action against Nasdaq OMX for 'gross mishandling' of Facebook flotation.
UK Government Sets Terms for Libor Review as Banks Prepare for Stiff Fines
FSA's Martin Wheatley's Libor market review could lead to new laws that would criminalise interest rate market manipulation.
Spain's Recession Deepens as Bailout Talk Intensifies
Spain's second recession in three years extends to the second quarter while the IMF say growth won't return until 2014.
Weekly Economic Preview: Rates, Jobs and Bond Auctions Dominate Calendar
Bank of England, Federal Reserve and European Central Bank rate moves highlight active week for global economy
London 2012 Olympics: Goldman Sachs Sees Century-Best Gold Medal Haul for Britain
Britain's "Host Nation" advantage could help it outshine the world as it gains more improvement from Beijing than nearly every other participating country combined.
Barclays Shares Rise After Profits Top Forecasts Amid Libor Scandal
Bank reveals Finance Director Chris Lucas faces FSA probe as US litigation mounts
London 2012 Olympic Games: Most Britons Cannot Name Single Sponsor
Multibillion dollar sponsorship budget questioned as study finds more than half of UK population unable to name single brand associated with games.
Greece Finds €11.7bn in New Cuts as Cash Runs Dry and Default Looms
Prime Minister Samaras is set to meet EU Commission President Thursday as Troika continues to doubt Greece's ability to get back on track with its promised reforms.
Lloyds Shares Dip after First Half Loss as PPI Costs Rise
Government-controlled Lloyds says some dealers face legal action related to Libor scandal.
UK Recession: ''Plan A' Gamble Calls for One Final Roll of the Dice
Prime Minister David Cameron and his Chancellor George Osborne face a nervous test of their core economic strategy
GDP Q2 Shock: UK Economy Shrinks 0.7% as Jubilee Holiday, Wet Weather Slam Recovery [VIDEO]
UK GDP slump will add pressure on government to alter policies which have delivered longest double-dip in half a century.
European Crisis: Spain in Focus Amid Intensifying Concern Over Euro
Spanish bonds plummet as investors dump risky debt amid concerns of a global economic slump