Andy Burnham was speaking after warnings by his leadership rivals Liz Kendall, right, and Yvette Cooper that Labour needed to guard against being a party run only by men. Photograph: Paul Ellis/AFP/Getty Images

Britsh Labour Party leadership hopeful Andy Burnham has moved to silence critics who have accused his campaign’s supporters of sexism by pledging to a(...)

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

Royal Mail was privatised in 2013. The company said competition was holding back growth in the parcels market. Photograph: Dave Thompson/PA Wire

Britain’s postal firm Royal Mail said revenue in its first quarter was flat and pledged to continue its focus on cost controls this year as letter vol(...)

The plan, to raise about €4 billion from listing a 40 per cent stake in Poste Italiane on the Milan stock exchange in October, is the main plank of prime minister Matteo Renzi’s stalled drive to sell off state assets. Photograph: Alberto Pizzoli

Italy will fire the starting gun on the flotation of its 153- year-old national post office in early August, kicking off a widely anticipated €12 bill(...)

Preliminary bids for the South Korean Tongyang Cement & Energy group are expected today and reports have suggested that CRH will  be among the suitors

European shares climbed yesterday, with car makers rising on encouraging company updates and Greek shares rebounding amid renewed hopes for a soluti(...)

Britain has raised £750 million by selling half of its 30 per cent stake in Royal Mail. Photo: PA Wire

Britain has raised £750 million (€1.03 billion) by selling half of its 30 per cent stake in Royal Mail, it said on Thursday, adding it saw no reason t(...)

 Minister for Finance Michael Noonan: as An Post is a commercial semi-state business, Mr Noonan might yet have difficulty explaining to Standard Life shareholders why he will not act to mitigate inadvertent personal losses that may well be attributable to problems with a public service. Photograph: Nick Bradshaw

As an exercise in goodwill, the Standard Life €1 a share payout has fallen particularly flat for Irish shareholders, many of whom now face a significa(...)

In London, Royal Mail fell 4.9 per cent after chancellor of the exchequer George Osborne said the state would sell its 30 per cent stake in the postal operator. Photograph: Leon Neal/AFP/Getty Images

European markets slid to their lowest level in a month after talks failed to resolve the Greed stalemate and a broad sell-off of ex-dividend stocks(...)

The sale of further Royal Mail shares will begin this year

Britain will start selling its remaining 30 per cent stake in postal operator Royal Mail, which is worth about £1.5 billion, as part of a drive to fix(...)

In a letter to almost 5,300 shareholders, the listed group says it is now effectively up to them to do battle with the Irish Revenue. Photograph: Standard Life/PA

British insurer Standard Life says it can do no more to help more than 5,000 Irish investors left with a tax bill after a postal blunder undermined (...)