Bank of England Sees Faster Inflation, Sluggish Growth as Eurozone Crisis Deepens
Mervyn King says Britain faces "unappealing" mix of faster inflation and slow growth as uneven recovery path begins next year.
J Sainsbury's Profits Rise as Market Share Reaches Decade-High
Britain's third-biggest supermarket chain continues its seven-year run of profitability as the pace of its march on rival Tesco quickens
Vodafone Shares Slump After £6bn Eurozone Writedown
Europe's biggest wireless group sees slowing revenue, earnings for the full year as it lifts dividend and launches buy-back programme.
Greece Needs An Extra Two Years and €32bn to Meet Bailout Targets
Media reports suggest extra time and cash required for new Greek rescue only hours after painful austerity budget approved by parliament
Italian Prosecutors Seek Trial for Ratings Executives Charged with Market Manipulation
Southern Italian probe into sovereign downgrade wants Fitch and S&P executives to take stand and answer charges of manipulation and information abuse.
BBC Director General George Entwistle Resigns Amid Newsnight Scandal
Tim Davie will assume acting Director General role as BBC attempts to control spiralling Newsnight crisis.
Libor Scandal: SFO Expects 'Major Developments' in Case After Arrest Report
Traders from UBS and the Royal Bank of Scotland and Barclays could be arrested as part of the months-long probe into allegations of rate rigging in the bank rate known as Libor.
Germany Says Not Ready to Release Greek Aid Tranche as Default Concerns Grow
Germany insists it need Parliamentary approval to release long-delay Greek aid tranche despite Athens' "courage" in passing austerity bill.
HSBC Launches Jersey Probe as UK Tax Authorities Confirm Whistleblower Leak
Europe's biggest bank says it's investigating Telegraph report that Whistleblower handed list of 4,000 clients to British Tax authorities
The Bloomberg Way? Mayor Mike Could be President Obama’s Next Treasury Secretary
President Barack Obama is looking for a new Treasury Secretary - and the Mayor of New York is looking for a new job.
Global Stocks Slump As US Election Optimism Gives Way to Economic Reality
President Barack Obama's sweeping victory is eclipsed by yet another grim assessment for the Eurozone and concerns about US 'fiscal cliff"
Obama Victory: Bad for the Dollar and Banks, Good for Bonds and Gold?
Investors prepare for market reaction after the President's resounding election victory and return to the White House
Epic Fail: Political Leadership of the Global Economy Has Been a Disaster
Intransigence, ineptitude and irresponsibility have defined the current political stewardship of the global and economy.
US Elections a 'Cliffhanger' as Global Investors Prepare for Next President
With both the Fiscal Cliff and a new Fed Chairman in play for the next President, global investors await results of the most economically important elections in decades.
UK Service Economy Slows as Recovery Stumbles
Weakest growth in two years for Britain's most important growth driver raises concern over recovery path
Spotlight on China: Middle Income Trap New Leadership's Biggest Challenge
China's ageing population, huge credit bubbles and rising inequality is creating a serious "middle income trap" that could hurt the next phase of its "economic miracle".
S&P Loses Landmark Case for 'Misleading' Investors with Faulty AAA Credit Rating
Australian court ruling on complex derivative rating could have major impact on ratings agencies around the world
HSBC Posts $3.5bn Profit As US Money-Laundering Costs Mount
HSBC says it has put aside an extra $800m to satisfy US regulators but adds the costs of its money laundering activities could be "significantly" higher than $1.5bn
PIMCO's Gross: US a Nation 'Of the SuperPac, by the SuperPac, for the SuperPac'
Bill Gross, chairman of the world's biggest bond fund, excoriates US politics and policy as he warns of "financial repression"
Superstorm Sandy: Moody's Says $15bn Costs May Hit Insurance Earnings
Ratings Agency says underlying capital base to major US insurers safe despite anticipated hit to quarterly earnings from deadly storm.
Lloyds Earnings Hammered by £1 billion PPI Charge
Lloyds sets aside another £1bn to compensate PPI claims, but better news on bad loan losses lifts shares.
Diamonds are Forever? Barclays' Future May Mimic its Investment Banking Past
Barclays's new CEO Antony Jenkins faces a key decision on the bank's future - one that its latest earnings figures just made much more difficult.
Barclays Shares Slide as Bank Hit by New US Probes amid Falling Profits [VIDEO]
British lender says US authorities are looking into energy trading and potential breaches of corrupt practices act
UK Consumer Lending Surges as Recovery Signals Mount
Mortgage approvals rise but house price recovery could be uneven as sales accelerate into year-end.
BDO Survey: Finance Chiefs See More Risk in Europe than in Parts of Gulf Region
Annual poll shows pockets of Eurozone where risks are greater than in Syria, Egypt and Libya as CFOs seek safer markets in China, India and Brazil.
Positive US GDP Figures: Fresh Ammunition in Presidential Battle
US GDP grew faster than expected but mixed data below headline provides ammunition for both Obama and Romney campaigns
UK Home Energy Prices Set for Inflation-Busting Surge That Threatens Recovery [VIDEO]
EDF Energy plans 10.8 percent increase on UK household gas and energy prices in move that challenges Bank of England policy.
Spain's Jobless Rate Hits Record High as Bailout Pressure Mounts on Rajoy
One in four out of work in Europe's fourth-largest economy amid deepening recession.
Cynthia Carroll Ends Five Year Run as Anglo American CEO
Shares in the world's biggest platinum miner rise in London after departure of ground-breaking boss
UK Exits Recession: Out of the British Woods Through the European Trees
The best three-month growth figures in five years have sparked a raging debate over the government's economic strategy.