Glencore shares skyrocketed as much as 72% on Monday in Hong Kong on hopes it would be able to cut debt with a sale of a stake in its agricultural assets.» Read More
Britain's High Court on Friday rejected an autistic British man's bid to avoid extradition to the United States to face trial for hacking into military computers.
The winner of one of Britain's most coveted jobs says her new profession is abandoning the housing market to live in a cave. And she says it's a step up.
The British government has told civil servants: Go forth and tweet.
Shares in software group Sage, the UK's biggest software company, rose to the top of the FTSE 100 Tuesday as the company said it expected its results to be in line with expectations.
Shares in publishing group Pearson surged by nearly 10 percent, topping the FTSE, after it reported strong earnings due to a rise in its educational publications business, the largest in the world.
Britain's economy will return to growth in the last quarter of this year, as companies start to rebuild inventories, but strong growth will not return until 2013, a leading academic thinktank forecast on Wednesday.
Shares of William Morrison Supermarkets surged more than 8 percent to the top of the FTSE-100 Tuesday, after it said it expects to beat earlier expectations for its full-year results.
Fraud continues to be unearthed in the financial sector with police recently detecting one of the UK's biggest Ponzi schemes, according to several media reports.
Lloyds Bank topped the FTSE 100 Monday, jumping 6.3 percent, with the banking sector in Europe pulling indexes up after reports that CIT Group has worked out a solution to escape bankruptcy.
Mortgage lending rose 17 percent to an estimated 12.3 billion pounds ($20.2 billion) in June from May but still suffered a decline from the same period last year, new data from the Council of Mortgage Lenders (CML) showed Monday.
UK gross domestic product (GDP) is likely to shrink by 4.5 percent this year, the largest decline since 1945, and recent hopes of recovery are running well ahead of reality, Ernst & Young warned in a forecast released Monday.
The UK government announced measures to tighten up banking supervision, scrutinize bonuses in the industry and punish misconduct harder, in an attempt to prevent a repeat of the credit crunch. But not only banks can help business grow.
The Wimbledon Championships at the All England Club, the most famous of all of tennis' grand slam events, had already marked some notable "firsts" before finals.
A 30-second snippet of Michael Jackson rehearsing two days before his death was released Thursday, part of more than 100 hours of footage that could be turned into live albums, a movie and a pay-per-view special, the promoter said.
As far as stock prices go, supermarkets are still feeling the recession pain — especially in the US. But for some of them, the crisis has been a unique opportunity to woo customers into a relationship that they hope will become permanent.
Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud.
Maintaining a monarchy is costly, as Britain found out when a newly published account revealed that Queen Elizabeth II will be out of pocket by 2012 unless the government boosts funds for the Royal household for the first time in 20 years.
While workers in the rest of Europe are accepting to work four day weeks or part-time, or take periods of semi-paid leave, employees in Britain have been working six-day weeks to keep their jobs, according to a survey out Tuesday.
Lloyds Banking Group said Tuesday that it expects to cut nearly 1,800 jobs in its group operations and wholesale divisions over the next three years as it consolidates the merger of Lloyds TSB and Halifax/Bank of Scotland.
Shares in British Airways, which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.