UK's largest bank is cutting 500 employees after a review of business and 'current economic conditions'. Switzerland's second-biggest bank is axing about 650 amid credit ... more

A Reuters poll of 67 economists showed unanimous faith in a cut of at least half a percentage point to 2.5 per cent, the lowest ... more

Homes and businesses will have pay higher energy bills if Britain is to meet the estimated £15bn-a-year cost of climate change commitments, the government was ... more

Corby has been rated the British town least likely to feel the pain of the credit crunch

The official who was arrested for passing unclassified information to the Tories has broken his silence through his lawyer to criticise the 'unpleasant' and 'unnecessary' ... more

UK company finances are facing the most severe squeeze in almost 30 years, Bank of England figures showed, as deposits in banks are falling fast ... more