A review of Libor by Financial Conduct Authority boss Martin Wheatley recommended control of the rate be stripped from the British Bankers’ Association. Photograph: Simon Dawson/Bloomberg.

The owner of the New York Stock Exchange is to take control of the controversial interbank lending rate at the heart of the recent banking scandal.NYS(...)

Britain may be forced to help collect a tax it would not be imposing, a House of Lords committee has warned.

Britain should go to court to stop plans by 11 euro zone countries to tax financial transactions from 2014 because of its impact on Britain, a (...)