Waiting to  board a tram in Manchester.  Photograph: Oli Scarff/AFP via Getty Images)

Boris Johnson faced a Conservative backlash on Thursday night after he announced that one-third of England’s population would remain under the highest(...)

The exceptional decline in the EU economy has made it necessary to relax the rules, with Lufthansa accessing €9 billion in state aid. Photograph: Christof Stache/AFP

Government action across the EU has done much to insulate households from the worst effects of the economic collapse. Major support has also been give(...)

Former UBS investment banking chief Andrea Orcel is taking a €100 million case against Santander over breach of contract.  Photograph: Olivia Harris/Reuters

Remember the repentance of bankers after the financial crisis? It wasn’t quite the display of self-flagellation that some reformers would have liked. (...)

Goldman Sachs chief executive Lloyd Blankfein signed off after a couple of one-liners. Photograph: Reuters

Three top US bank chiefs have been duped by an email prankster, highlighting the risk of inadvertent leaks of sensitive information through the most b(...)

Bank of England governor Mark Carney leaves 10 Downing Street in London on Monday. Photograph: Leon Neal/Getty Images

In the hours after Britain voted to leave the European Union, there was a hole where political command should have been. David Cameron quit as prime m(...)

Larry, the 10  Downing Street cat,  has been stalking the corridors of power since 2011, when he was brought into the prime minister’s office to handle pest control affairs. Photograph: AFP/Getty Images

David Cameron has declared his love for Larry the Downing Street cat, insisting he is sad to leave him behind. The outgoing Tory leader used his last(...)

George Osborne: “No Conservatives want to raise taxes, least of all me. But . . .  You have to deal with the hole that would emerge if we quit the EU.” Photograph:  Chris Ratcliffe/Bloomberg

George Osborne’s announcement of an “emergency budget” that would follow a vote to leave the European Union has sparked an open revolt among Conserva(...)

An elderly pedestrian holds a walking stick, featuring a pattern of the a Union Jack, in London, UK. British prime minister David Cameron has pulled out of a planned appearance with Taoiseach Enda Kenny on the UK’s forthcoming referendum on EU membership.  File photograph: Chris Ratcliffe/Bloomberg

British prime minister David Cameron has pulled out of a planned appearance with Taoiseach Enda Kenny in Manchester on Friday morning to appeal to Bri(...)

Jeremy Corbyn speaks at a Remain event at the headquarters of the Trades Union Congress in London yesterday.  Photograph: Luke MacGregor/Bloomberg

Labour leader Jeremy Corbyn has accused leading Leave campaigners of showing “faux concern” for the National Health Service (NHS) and telling outrig(...)

British chancellor of the exchequer George Osborne has already told his German counterpart, Wolfgang Schäuble, that London will not tolerate its €1 billion share of the fund being used to offer a bridging loan to Athens. Photographer: Jason Alden/Bloomberg

The British government will reject efforts by euro zone countries to use a budget funded by all 28 states to help rescue Greece, following signals f(...)

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