Governor of the Bank of England Mark Carney. Photograph: Lefteris Pitarakis/PA Wire

The Bank of England today confirmed plans for a tough new regime for reckless bankers allowing bonuses to be clawed back seven years after they are a(...)

Lloyds Banking Group has been hit with penalties totalling £226 million  for rate-rigging. Photograph: Anthony Devlin/PA

Would a City equivalent of the Hippocratic oath have prevented the Libor-rigging scandal? Might it have deterred Lloyds Banking Group traders from (...)

Mark Carney, governor of the Bank of England. Photograph: Simon Dawson

House prices in Dublin continue to rocket and the hand-wringing about where it will all end has gone up a notch. The question as to whether there real(...)

A customer places items from a display of bread goods into her shopping cart inside an Asda supermarket, the UK retail arm of Wal-Mart Stores. Photographer: Simon Dawson/Bloomberg

UK retail sales rebounded in July as consumers boosted spending on food, clothing and footwear, the Confederation of British Industry said. A gauge of(...)

IMF managing director Christine Lagarde. The organisation is about to downgrade its economic forecasts for global growth this year

Patience, we are often told, is a virtue. The main reason why sustained global economic growth began only 250 odd years ago was that there was no way (...)

In the month of May alone, total pay rose by 0.4 per cent, up from a fall of 1.5 per cent in April

British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving t(...)

 Shoppers cross Oxford Street between a line of buses and taxis in London. Photograph:  Peter Macdiarmid/Getty Images

British inflation unexpectedly surged to a five-month high last month and house prices continued to accelerate, prompting financial markets to increas(...)

The BRC said the weak spending growth partly reflected a supermarket price war, which contributed to a 1.8 per cent fall in high street prices last month, the biggest since at least 2006

British retail sales growth slowed in June to one of its weakest rates in three years, possibly in response to fears of higher interest rates, industr(...)

Eircom had earmarked September as the date for its third public offering since 1999. Photograph: Eric Luke

Telecoms rethink Eircom is considering delaying its planned €1 billion stock market listing amid fears that investors would shy away from buying its s(...)

Construction output dropped by 1.1 per cent in May after rising by a similar amount in April

British construction output suffered a steep fall in May, raising the prospect that overall economic growth may fall short of expectations in the sec(...)