Qantas and Virgin Atlantic have trumped British Airways by paying record sums for scarce take-off and landing slots at London's congested Heathrow airport, it emerged yesterday. The Australian...
The deficit in Britain's public finances hit a record last month in cash terms, raising doubts over claims by Chancellor, Gordon Brown, of prudent economic management. The Office for National...
With just under 100 days to go until ten new member states join the EU, a report by Bank Austria Creditanstalt has shown that most countries have a very long way to go until they will be able to...
UK mortgage lending rose to £5.4bn in December, although credit card lending remained modest, rising by only £0.2bn, a report by the British Banking Association showed. While mortgage lending...
European Central Bank council member Nout Wellink said an interest rate cut wouldn't halt the euro's gains against the dollar and he sees no need for finance ministers from the Group of Seven...
European bourses were cautiously higher by mid morning on Wednesday, shrugging off declines for US blue chips as the oil sector responded to strong crude prices and drug stocks pushed higher. In...
Former bosses at German phone firm Mannesmann are due in a Duesseldorf court on Wednesday in the country's biggest ever corporate ethics trial. They are accused of approving excessive bonuses for...
Fierce competition with ferry companies and budget airlines has left Eurotunnel nursing an 11 per cent drop in takings from its car and truck shuttle services. Revenues for Le Shuttle services...
European Commission President Romano Prodi has put himself on a collision course with the member states that pay the most into the EU coffers. In a speech yesterday (19 January), Mr Prodi said that...
Eurozone finance ministers warned Monday against "excessive exchange rate moves" following the euro's record-breaking surge on currency markets, which threatens to hurt Europe's tentative economic...