Barclays saw a 12% decline in profits during the first quarter, primarily due to reduced demand for mortgages and loans resulting from higher UK interest rates. 

Official figures reveal that the government borrowed £6.6 billion more than anticipated in the past year, raising doubts about Jeremy Hunt's ability to implement significant tax cuts ahead of an expected general election this year.

Increased competition in the deposits and mortgages market, coupled with elevated costs, resulted in a decline of over a quarter in profits for Lloyds Banking Group during the first three months of the year.

Australian mining giant BHP has unveiled proposals for a £31bn acquisition of rival Anglo-Americans, potentially accelerating the departure of Britain's leading companies from the City of London.

Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come.

as per the latest official figures. 

The Bank of England has discovered that some banks are unable to accurately assess their exposure to private equity, highlighting concerns that the $8 trillion industry could pose a risk to the broader financial system.

Concerns are mounting regarding the affordability of motor insurance as average premiums climb to nearly £1,000. MPs have been cautioned that certain families are facing "impossible" decisions, being forced to choose between purchasing car insurance...

The International Monetary Fund (IMF) has cautioned that UK interest rates are unlikely to drop below 3.5 per cent for the next four years at least.

Zuber Issa, the 51-year-old petrol stations tycoon, is nearing the sale of his 22.5% stake in Asda to TDR Capital.