Royal Mail shares yesterday tumbled more than 3 per cent on chief executive Moya Greene’s downbeat assessment of prospects for its crucial parcels business. Photograph: Dave Thompson/PA Wire

A few more layers of froth were blown off the Royal Mail share price yesterday following the postal group’s warning that its key parcels division i(...)

The rally in drugmakers also nudged US stocks into rising for the sixth straight day of trading across the Atlantic, the longest streak of gains there since September

The market in Dublin rode the wave of resurgence that swept through European exchange(...)

British prime minister David Cameron  used the word “muppets” during a furious exchange at prime minister’s questions over the part-privatisation of the Royal Mail, during which Ed Miliband branded him “the dunce of Downing Street” and accused him of selling off the company at “mates’ rates” to his friends in the City. Photograph: Lynne Cameron/PA Wire

British prime minister David Cameron has defended his use of the word “muppets” to describe Labour leader Ed Miliband and shadow chancellor Ed (...)

 The Deutsche Post  headquarters in Bonn, Germany. Deutsche Post shares rose 3.3 per cent  for the largest gain on the German market

The Iseq strode ahead by 1.6 per cent yesterday as European shares rebounded due to anticipated stimulus measures from the European C(...)

UK unemployment fell by 63,000 to 2.33 million in three months to January, with the jobless rate at 7.2%, official figures have shown. Photograph: Andy Rain/EPA

The British government was given a pre-budget boost with new figures showing a record number of people in work and continuing falls in unemploy(...)

I was very relieved to read your article describing why Vodafone is facing a backlash because of problem(...)

Vodafone sold stake in US business for $130bn. Photograph: Rui Vieira/PA

Vodafone is facing a backlash from shareholders obliged to deal with tax bills on a cash “windfall” from the company. A(...)

The Army Careers office in Canterbury, Kent, one of the armed forces recruitment offices where  explosive devices were found. Photograph: PA

Dissident republicans were last night linked by the British government to seven “crude but viable” letter bombs sent to British army recruiting off(...)

State Street’s office on Sir John Rogerson’s Quay: the UK regulator fined the firm £22.9 million in relation to the overcharging of six clients, including the National Treasury Management Agency.

The National Pension Reserve Fund (NPRF) has terminated the mandate held by State Street Global Advisors (SSGA) to manage €650 million worth of equiti(...)

The bill for mis-sold insurance at Lloyds spiralled to nearly £10 billion today after the taxpayer-backed bank admitted it is set for another 550,000 (...)