Britain’s biggest banks are in talks about collectively reducing the amount they will award in new year bonuses. BBC business

Government borrowing falls in July

The Office for National Statistics (ONS) has today revealed public sector borrowing totalled £3.8 billion in July. Not only was

House asking prices fall again

Rightmove has reported that new homes coming onto the market are continuing to outstrip buyer demand, as the holiday season

The European Commission has said that Greece has met the conditions to receive the second tranche of a 110bn-euro ($145bn;

It has been revealed that US fashion chain American Apparel is facing bankruptcy. The chain, which has faced much criticism

Iceland’s Central Bank (Sedlabanki Islands) has cut its key interest rate from 8% to 7%. While a cut was expected,

The UK’s banking reporting season has got off to a flying start today after banking giant HSBC reported profits more

Alan Greenspan, the former chairman of the US Federal Reserve, has told US television that there is currently a “pause”

Metro Bank, which is Britain’s first new high street lender for more than a century, opened its doors today in

New figures from the Land Registry show house prices in England and Wales back to summer 2006 levels, having risen