Archbishop of Canterbury Justin Welby, vocal in criticising City bonuses but may need to look closer to home. Photograph:  Oli Scarff/Getty Images

The Church of England has come under fire after it was revealed its powerful investment fund holds a significant share stake in Alphabet, parent compa(...)

Competition and Markets Authority says investigation shows determination to take enforcement action against illegal anti-competitive practices

Drug giant GlaxoSmithKline (GSK) and a number of generic pharmaceuticals firms have been fined €45 million for anti-competitive practices. The fine w(...)

 Richard Branson’s Virgin Airlines  is a rival of British Airways, the biggest airline in IAG. Photograph: Virgin/PA

Government Ministers are likely to consider a recommendation on the €1.36 billion bid for Aer Lingus at the first Cabinet meeting after Easter.Senior(...)

Aer Lingus’s actual operations are likely to have delivered a profit of more than €60 million in 2014. Photograph: Peter Muhly/AFP/Getty Images

The year ended with most in the aviation industry expecting International Consolidated Airlines Group (IAG) to make another attempt to buy Aer Lingus (...)

Britain’s big four lenders - Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC - have about 77 per cent of the 65 million personal current accounts in Britain

Britain’s big banks could be broken up after the country’s competition watchdog launched an in-depth investigation into services for small business cu(...)

Studies released by the CMA into current accounts and SME markets showed barriers to entry for newer and smaller banks remain significant

Britain’s big banks could be broken up after the country’s new competition watchdog said it plans to launch an 18-month investigation into services fo(...)

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