G20

Maybe because they were heading in that direction for the G20 Summit in Seoul, unusually, someone in the Government must have hit upon the bright idea of taking along a fairly large business delegation for a stopover in Beijing. With the G20 conference widely expected beforehand to dissolve into a G2 summit between the world's two largest economies, Britain and America - sorry, a hundred year slip - China and America. With the UK playing a somewhat marginal role at best, this was splendid f...

Shares in British banks were broadly down on the FTSE 100 in morning trading ahead of news from the G20 meeting, currently being held in South Korea.

Shares in British banks were up in morning trading on the FTSE 100 as concerns about regulation of the banking sector eased off.

Shares in Standard Chartered were down in morning trading on the FTSE 100 as an "upbeat" pre-close update was overshadowed by the prospect of greater regulation of the banking sector by the G20.

National leaders at the G20 summit in Canada have binned the idea of a global levy on banks and have committed themselves to cutting their national budget deficits, despite concerns from the USA and developing economies.

Leaders of the Group of Eight Industrialised Nations have ended their summit without an agreement on an international bank tax.

British Prime Minister David Cameron is hoping to use the G8/G20 summit to improve relations with Russia, according to his spokesman.

Shares in British banks were mixed on the FTSE 100 in morning trading ahead of this weekend's G20 meeting in Canada.

RBS, the Royal Bank of Scotland has lined up three bidders for Worldpay and expects to sell more businesses and branches later this year.