The sale of the assets will leave Lloyds with ‘minimal exposure’ to Irish commercial assets the bank said. (Photograph: Simon Dawson/Bloomberg)

UK bank Lloyds is to sell a portfolio of impaired Irish commercial loans to a group of investors including Bank of Ireland for about £827 million (€1(...)

The ink is dry at last on the rumoured £8 million deal for Northern Ireland’s only five-star golf resort

It has taken the best part of a year to finalise, but the ink is finally dry on the rumoured £8 million deal for Northern Ireland’s only five-star gol(...)

Britain posted the smallest budget deficit for any June since 2008 as tax revenues from personal incomes and corporate profits surged. Net borrowing (...)

 Tony Hayward: “I’m 58 years old and I want a slightly less full-on life.” Photograph: Reuters

Five years after being forced out of BP in the wake of the Deepwater Horizon disaster, Tony Hayward is still causing controversy – and he still wants (...)

Companies with more than 250 employees will be required to publish the gender pay gap under proposed regulations published on Tuesday

UK business groups have expressed reservations about British prime minister David Cameron’s proposal to make companies publish the difference in the a(...)

Royal Bank of Scotland said in May it had sold its last major portfolio of Northern Ireland-backed loans, Project Rathlin, to Cerberus. Photograph: Chris Ratcliffe/Bloomberg

Cerberus, the US company that bought Nama’s Project Eagle portfolio of Northern Ireland loans, has used a network of Irish companies to snap up distr(...)

Frascati shopping centre in Blackrock, Co Dublin: Invesco will pay about €68 million for the centre. Photograph: Nick Bradshaw

Ownership of yet another Dublin shopping centre is about to change hands. Invesco, the American investment management company, has agreed to pay in (...)

Matthew Elderfield: warned that progress since 2010 in the independence and assertiveness of the supervisory model “could easily be eroded”.  Photograph: Dara Mac Dónaill/The Irish Times

The former head of financial regulation in Ireland has told the Oireachtas banking inquiry the State needs to do more to tackle white-collar crime t(...)

UK chancellor of the exchequer George Osborne has indicated that he wants to begin reducing the government’s £32 billion stake in RBS. Photograph: Danny Lawson/PA Wire

Britain is planning to sell half its stake in Royal Bank of Scotland, worth £16 billion, within two years, according to sources have said. Chancellor (...)

TSB, which already has 4.7 million customers, was spun out of Lloyds last year

Spain’s Banco Sabadell has received approval from Britain’s financial regulators for its £1.7 billion takeover of Britain’s TSB , increasing competit(...)