CNBC's Phil LeBeau reports on comprehensive delays due to the closure of London's airspace.» Read More
British retail sales rose much more than expected in September at their sharpest annual rate in three years, official figures showed on Thursday.
Britain's second largest soft drinks maker, Britvic, reported a 1.5 percent fall in second-half branded beverage sales Wednesday, blaming a wet summer for the slip.
BAE Systems Chief Executive Mike Turner will step down as CEO and leave the board in August 2008, Europe's largest defence company said on Tuesday.
The chief executive of BP on Thursday outlined a plan to address industry-lagging profitability by slashing management layers, adopting consistent procedures for developing oil and gas fields and reducing "unacceptably high" costs.
The Group of Seven meeting this month should focus on breaking down barriers to free trade rather than managing exchange rates, British finance minister Alistair Darling told Reuters in an interview on Wednesday.
GlaxoSmithKline has picked Andrew Witty, currently president of its European pharmaceuticals business, to succeed Chief Executive Jean-Pierre Garnier from May 2008, it said on Monday.
Britain finally approved a new 16 billion pounds ($33 billion) underground rail link across London designed to carry 200 million passengers a year and ease the capital's clogged transport network.
British pub group Marston's said on Thursday its full-year pretax profit would be slightly below its expectations due to the impact of higher interest rates, though strong trading conditions continued.
Britain's competition watchdog criticized the level of service at Heathrow and Gatwick airports Wednesday and recommended a cap on the amount airports operator BAA can charge airlines.
Online advertising spend in Britain grew 41% in the first half of 2007 to give it a market share of almost 15%, new data showed on Tuesday.
The London Stock Exchange Group completed a $2.3 billion acquisition of Borsa Italiana on Monday even as takeover talks swirled about the British exchange.
Britain will raise depositors' protection on their savings to 35,000 pounds, finance minister Alistair Darling will say on Monday after the country suffered its first bank run in more than a century last month.
The Bank of England (BoE) today categorically rejected reports that its stash of gold is losing purity.
British Airways ended decades of loyalty to Boeing's 747 jumbo with a switch to Airbus's new A380 superjumbo on Thursday as it announced a mixed plane order worth up to $8.2 billion.
The Lloyd's of London insurance market's pretax profit for the first six months of the year jumped 34% thanks to high premiums and low catastrophe claims, it said on Thursday.
A Qatari investment fund that has made a preliminary bid of about $21.3 billion for J Sainsbury said Tuesday that it is holding confidential talks with the British grocer's pension fund.
Turmoil in global markets has tested the stability of the British financial system but the economy remains strong, Prime Minister Gordon Brown said on Monday.
Metronet, the company that collapsed while upgrading two thirds of the London Underground rail network, will have to absorb at least 1 billion pounds ($2 billion) of overspending, the government's arbiter said on Friday.
Europe's biggest bank, HSBC Holdings, has rejected calls from an activist investor for it to review its strategy and shake up its corporate governance, people familiar with the situation said on Thursday.
The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20% stake in the London Stock Exchange.