SEC must cut fine against British fund over abusive trades - U.S. court
04:50pm 8 August 2013
(Reuters) - A British hedge fund firm and its chief executive must give up $38.4 million (£24.6 million) of profit tied to abusive mutual fund trading, but a civil fine in that amount must be reduced...
FTSE recovers as Chinese data boosts mining stocks
04:43pm 8 August 2013
LONDON (Reuters) - Britain's benchmark equity index broke a four-day losing streak on Thursday as forecast-beating trade data from China, the world's biggest metals consumer, lifted mining stocks....
Bank of England plan puts market spotlight on jobs data, minutes
04:29pm 8 August 2013
LONDON (Reuters) - The Bank of England's new plan to nurse Britain's economy back to health looks years into the future. But if the recovery keeps on picking up speed it might be put to the test on a...
Talking Point: Carney’s ‘forward guidance’ baptism of fire
04:28pm 8 August 2013
Volatile swings for sterling and UK government bonds were triggered by the Bank of England’s historic move to tie interest rates to the level of unemployment. Will the policy be a success?
Rio says could be interested in larger Guinea presence
04:08pm 8 August 2013
LONDON (Reuters) - Miner Rio Tinto , which is developing the southern half of the Simandou iron ore deposit in Guinea, said on Thursday the company could be interested in a larger footprint,...
Carney: New plan should boost growth
04:07pm 8 August 2013
Bank of England governor Mark Carney tells the BBC that giving guidance on future interest rates should boost economic growth.
Carney: New plan should boost growth
04:07pm 8 August 2013
Bank of England governor Mark Carney tells the BBC that giving guidance on future interest rates should boost economic growth.
Lawsuits to air London Metal Exchange's dirty laundry
04:05pm 8 August 2013
LONDON (Reuters) - Lawsuits alleging aluminium price fixing by big banks will shine an uncomfortable light on the role played by the London Metal Exchange, suggesting that the murky world of metal...
Aussie climbs after Chinese imports surge
04:02pm 8 August 2013
The Australian dollar climbs after Chinese trade data show a surge in imports, while sterling holds its overnight gains against the US dollar
AUDIO: 'You're turning away free money'
03:55pm 8 August 2013
The former head of the Pensions Advisory Service warns young people that opting out of pensions is "turning away free money."
Tesco bets on big-store revamp to boost UK recovery plan
03:53pm 8 August 2013
LONDON (Reuters) - Tesco, the world's number three retailer, is hoping the allure of casual dining, coffees and even yoga will help tempt Britons back to its retail park stores as part of a 1 billion...
Still no internet in 17% of UK homes
03:42pm 8 August 2013
Almost a fifth of UK homes are still not online, new figures show, but mobile browsing continues to grow quickly.
Still no internet in 17% of UK homes
03:42pm 8 August 2013
Almost a fifth of UK homes are still not online, new figures show, but mobile browsing continues to grow quickly.
Pope Francis tightens bank controls
03:41pm 8 August 2013
The Pope steps up the fight against corruption at the Vatican by strengthening supervision of financial transactions at its internal bank.
Pope Francis tightens bank controls
03:41pm 8 August 2013
The Pope steps up the fight against corruption at the Vatican by strengthening supervision of financial transactions at its internal bank.
Buy-to-let lending 'tops £5bn'
03:38pm 8 August 2013
Buy-to-let lending in the UK has hit its highest level for nearly five years, lenders say, reaching £5.1bn in the second quarter of the year.
Buy-to-let lending 'tops £5bn'
03:38pm 8 August 2013
Buy-to-let lending in the UK has hit its highest level for nearly five years, lenders say, reaching £5.1bn in the second quarter of the year.
Analysis - Oil majors to stay onshore Nigeria despite grumbles
03:37pm 8 August 2013
ABUJA (Reuters) - A wave of planned sales of onshore Nigerian assets by oil majors has prompted speculation that they are finally leaving the Niger Delta because of oil theft, gangsterism and...
Brokers fined over share manipulation
03:30pm 8 August 2013
Watchdog continues tough line on advisers who have knowledge of wrongdoing, but fail to prevent or report it
UK home repossessions fall, says CML
03:29pm 8 August 2013
The number of homes repossessed from struggling owners in the UK fell in the second quarter of the year, lenders say.
UK home repossessions fall, says CML
03:29pm 8 August 2013
The number of homes repossessed from struggling owners in the UK fell in the second quarter of the year, lenders say.
Weak rupee stresses India’s vulnerability
03:25pm 8 August 2013
As India’s battered currency sinks ever lower, incoming central bank governor Raghuram Rajan faces a delicate balancing act to prop up the rupee
EU Tobin tax could force portfolio rejig
03:15pm 8 August 2013
Plans to implement a financial transaction tax could have a negative effect on returns for some pension funds, warn experts
Cash lure to stop firms deserting ETFs
02:39pm 8 August 2013
Two of the biggest venues for trading US ETFs are readying pilot programmes they hope will encourage better behaviour from the top market makers
Aviva must build esprit de corps
02:38pm 8 August 2013
Mark Wilson, new chief executive of the FTSE 100 insurer, has followed the first rule in the trouble shooter’s handbook – go in hard and fast
VIDEO: 'I was sacked for being pregnant'
02:23pm 8 August 2013
More than a quarter of mothers in the UK feel discriminated against at work, a survey suggests. One woman tells the BBC her story - and the CBI reacts to the study.
AUDIO: 'Returns not worth risk' savers told
02:17pm 8 August 2013
Low interest rates could push savers to take "unnecessary risks" chasing better returns, a financial expert has warned.
VIDEO: Npower boss: We need to raise game
02:10pm 8 August 2013
NPower's boss has announced a reduction in the number of tariffs available and defended the energy company's profits as being "not very much"
Over-50s opting out of auto enrolment, DWP finds
02:00pm 8 August 2013
Opt-out rates from automatic pensions enrolment are highest among employees aged over 50, a government survey has found.
VIDEO: 'Better than destroying value'
01:55pm 8 August 2013
Mining giant Rio Tinto says it has given up trying to sell its aluminium business and has reported an 18% fall in underlying half-year profits. Macquarie Group expert Jeff Largey said it was better...