UK government posts first July budget surplus since 2002
More money from tax receipts led to the first summer surplus in 15 years.
German tycoon Hans Rudolf Wöhrl joins suitors' queue for Air Berlin
Entrepreneur says he's interested in buying 'all' of the beleaguered airline and run it as an independent carrier.
FTSE 100 executive pay falls by nearly 20% amid political pressure
Britain's top bosses took home median pay of £3.5m this year, compared to £4.3m in 2016.
Heineken's takeover of Punch Taverns gets green light from CMA
Competition watchdog approves deal after Dutch brewing giant agrees to sell 33 pubs across the UK.
More news
Murdoch expects UK government approval for Fox's takeover of Sky in 2018
Chief executive indicates Fox is gearing up for wide ranging review of its takeover bid.
Troubled Co-op Bank loses another 25,000 customers
Nearly £400m in savings withdrawn from beleaguered bank but it says operating losses have narrowed.
Citigroup follows Barclays in settling US Libor rigging lawsuit
Global bank agrees multimillion settlement to end private antitrust litigation stateside.
Is Scotland becoming the 'Northern Panama' of the offshore world?
Recent revelations suggest Scotland is effectively flaunting the system to attract dubious business from Eastern Europe, Martin Kenney writes.
UK executive pay 'remains extraordinarily high' despite falling in 2016
FTSE 100 CEOs were paid £4.5m on average in 2016, a 17% decline compared to the previous year.
Lufthansa not interested in Alitalia 'as it looks today'
Airliner's finance chief says his company remains interested in Italian aviation market.
British American Tobacco under investigation by Serious Fraud Office over bribery claims
Allegations relate to BAT employees bribing politicians and civil servants in countries in east Africa.
Deloitte's audit of Mitie to be probed by accounting watchdog
Services company's accounting practices deemed "less conservative" than its peers.
Banks urged to make 'fundamental changes' to overdraft charges
FCA chief executive Andrew Bailey calls for radical overhaul as 'status quo is not an option'.
Brexit will throw British businesses into the jaws of more red tape
A year after the EU referendum, not one of the important issues has been resolved.
UK decides to consign Libor benchmark to dustbin of banking history
End of the road for Libor nears as watchdog FCA says global interest rate benchmark has outlived its usefulness.
What UK employers need to know about the Supreme Court's employment tribunal fees ruling
Employment law expert Martin Chitty explains what the landmark decision means.
UK businesses will face a skills cliff-edge if Theresa May gets her migration plan wrong
Tim Thomas, of the EEF, the manufacturers' organisation, writes for IBTimes UK.
Britain and the Netherlands revealed as biggest channels for tax avoidance
Report shows UK and the Netherlands channel a combined 37% of funds directed to tax havens.
UK to outlaw sale of diesel and petrol cars from 2040
Environment Secretary Michael Gove set to unveil £3bn package to combat air pollution.
Convicted former Schroders' trader ordered to pay up £350k or face more jail time
FCA says trader already docked for insider trading could be given three more years in jail if he does not meet a confiscation order.
Nasdaq to acquire surveillance specialist Sybenetix
Sybenetix combines behavioral analytics and cognitive computing with financial markets expertise.
Bank of England concerned by 'spiral of complacency' over consumer lending
Senior bank official says a rapid rise in household loans could pose a threat to the UK economy.
Embarrassment for Rex Tillerson as ExxonMobil sues new boss Donald Trump over Russia fine
Oil and gas behemoth taking Trump administration to court over "capricious" Russian sanctions fine.
Nigerian court orders seizure of former oil minister's property
Diezani Alison-Madueke, Nigeria's oil minister from 2010-15, is being pursued for alleged corruption allegations.
Ireland issued over 500,000 passports this year as Brexit sparks demand
Dublin figures show it received just under 100,000 applications from Britain and Northern Ireland.
Murdochs tell Culture Secretary delay to Fox takeover of Sky bad for 'British investment'
In a letter to Karen Bradley, James and Lachlan Murdoch claim delay would sour the climate for foreign direct investment.
Theresa May told to seek consent of all UK nations to secure lasting Brexit deal
House of Lords' EU Select Committee issues warning to prime minister.
Northern Trust opts for EU subsidiary in Luxembourg to mitigate Brexit risk
Asset manager wants to make sure market access is not disrupted following UK's exit from the European economic bloc.
Inside the Red Tape Initiative – the cross-party search for 'hidden Brexit nuggets'
Nick Tyrone, the director-general of the group, speaks to IBTimes UK about EU regulations.
End of 'rip-off' credit card charges as government announces crackdown
Credit and debit card surcharges amount to £473m a year says Treasury.
With six months to go until PSD2, why aren't we seeing more innovation from banks?
Daniel Döderlein, CEO of Auka, warns that big tech companies are honing their payment strategies.
Watchdog pulls the plug on sexism in British adverts
The Advertising Standards Authority said it will take "a tougher line" on gender stereotypes
BNP Paribas fined $246m for currency manipulation
The French banking group says it 'deeply regrets' misconduct.
FCA launches probe into online retail funds 'supermarkets'
Watchdog aims to establish whether online platforms can 'distort' competition in the sector.
