UK Retail Sales Show Modest November Growth, Says BRC
British Retail Consortium's monthly sales monitor says UK shoppers in cautious mood ahead of key Christmas period.
Wolseley Shares Steady After Solid Profit Jump Amid US Market Growth
World's biggest supplier of plumbing and heating products says US growth solid but will review its operations in France
UK Tax Debate: One Corporation Rate - To Go! - Please
Britain should scrap dated, redundant and overly complicated corporation tax rate in favour of reinvestment scheme.
Greece Launches €10bn Debt Buyback as Rescue Reaches Critical Phase
Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015
Germany Approves Greek Bailout Deal but Buyback Questions Remain
Germany's Lower House agrees to new terms for Greece's rescue package as markets await details on Athens' plan to buyback more than €60bn in government bonds.
Eurozone Unemployment Hits Record High as ECB Warns Crisis Not Over
Nearly 20 million Europeans are looking for work as jobless rate hits another record in October amid deepening recession
Leveson Inquiry: Media Stocks To Watch in Wake of Report into Phone Hacking [VIDEO]
Lord Justice Leveson's far-reaching investigation into culture and ethics of journalism could impact several major media stocks.
Marks & Spencer Shares Rise As Pension Deal Ignites Takeover Talk
Britain's biggest clothing retailer slashes pension deficit by more than £1bn and reaches 10-year deal with trustees to plug "black hole"
Rona Fairhead Financial Times Group CEO Quits as Sale Talk Intensifies
Rona Fairhead will leave the FT Group following the departure of Pearson CEO Marjorie Scardino
American History X - European Style: Greece's Latest Bailout is Pure Politics
The latest European agreement on Greece's financial support has many political benefits but few economic ones.
OECD Slashes Global Growth Forecast and Warns Osborne on Debt Target [VIDEO]
Thinktank says global growth will slow, eurozone will sink into recession and Britain may need to abandon debt target.
Bank of England Governor: Mark Carney is the Perfect Choice to Defend The City
The Canadian central banker and former Goldman dealer has one of the few untarnished reputations in global finance.
Egypt Markets Volatile as Mursi Decree Puts $5bn IMF Loan at Risk [VIDEO]
Investors fear new political turmoil as demonstrators plan more protests in Cairo.
EU Budget Summit Collapses as Leaders Divided on Cuts
Leaders fail to reach agreement on cuts in €1 trillion budget summit and look set to reconvene in early 2013.
Tata Steel to Axe 900 UK Jobs After Surprise Third Quarter Loss [VIDEO]
South Wales site of Port Talbot to take bulk of employment hit but new blast-furnace plants could add jobs in 2013
German Business Confidence Rises For First Time in Eight Months
Optimism among German business leaders rises even as growth slows and Eurozone crisis continues
EU Budget Summit: A €1 Trillion Farce That Can Afford to Wait
The focus on David Cameron's veto threat misses the bigger - and shameful - picture: If the Eurozone can't agree on a €30bn Greek rescue, how will it lead consensus on a €1tn EU budget?
Bank of Japan's Independence Eyed as Yen Slide Looks to Continue
Leading candidate for Prime Minister seeks big changes for BoJ that have implications for central banks all over the world.
Bank of England Minutes: Rate Cuts Unlikely as Inflation Concerns Persist
Bank of England votes 9-0 to hold key lending rate at record low and 8-1 to keep its £375 asset purchase programme unchanged
Autonomy Founder Mike Lynch 'Flatly Rejects' HP Allegations as Stock Plummets [VIDEO]
HP takes second $8bn writedown and says former Autonomy CEO misled it by inflating value of data-analysis software firm.
UBS Rogue Trader Kweku Adoboli Sentenced to Seven Years in Prison after $2.3bn Fraud Conviction
Ex-UBS dealer found guilty of two counts of fraud and acquitted on four charges of false accounting charges in $2.3 billion "rogue trader" scandal in London
European Crisis Live: Investors Ignore French Rating Cut as Euro Spikes Higher
Markets ease as investors await crucial decision on Greek aid and digest loss of triple-A debt rating for the Eurozone's second-largest economy.
France Loses AAA Debt Rating After Moody's Downgrade
Moody's cuts France's debt grade to Aa1 and assigns a negative outlook citing a "gradual, sustained loss of competitiveness and the long-standing rigidities of its labour markets"
Bank of England Risk Survey: Investor Confidence Returning to UK Financial System
Bank of England's Systemic Risk Survey shows fewer market professionals fear near-term shock to financial system, but broader concerns remain.
HSBC In Talks to Sell Stake China Insurance Group Ping An
Bank confirms talks to sell 16 percent holding in China's number two insurance group as asset sales accelerate
Hostess Brands To Liquidate After Famous 'Twinkie' Maker Crippled by Strikes
Iconic 82-year old bakery will shut down after the company said a union strike cost nearly $10m in less than week.
Economist's "Time Bomb" Cover Angers France's Leaders, Bores its Lenders
The Economist has attracted the wrath of France's Prime Minister with its incendiary cover story, but financial market professionals seem unimpressed by tame attack on Gallic finances.
Eurozone Slips into Recession As Crisis Slows the Core Economies
The region's second recession in three years comes amid increasingly violent protests over spending cuts and austerity measures.
BP Nearing Multi Billion Dollar Gulf Settlement
Media reports say deal with US Justice Department could lead to the largest criminal fine in US history
UK Economy: At Full Sprint but Barely out of the Blocks
Bank of England Governor Mervyn King hints there's little left to do in the face of "unappealing" mix of sluggish growth and faster inflation.