The NicVAX vaccine moved closer to the market after a deal between GlaxoSmithKline and the US biotech company Nabi Pharmaceuticals, which developed the product

Those who provide wholesale lending to banks must be required to absorb the loss if the bank fails and cannot be bailed out by government, a senior Bank of England official said

The prospect of compulsory purchase orders to evict owners of properties that were not part of the developer's original application to build the £1bn site arouses opposition in Aberdeenshire

The latest CBI survey reports 47% of employers are planning an unprecedented second year of wage freezes, underlining their fragile level of confidence in the economic recovery

The toxic legacy that Lloyds Banking Group inherited from HBOS is likely to resurface with a restructuring of Admiral Taverns, the pub group in which the partly nationalised bank has a £855m exposure