Jail reckless bankers, report urges

Measures including criminal sanctions to make bankers responsible for their own failings, are called for in a new report.

Home-buyers 'need 14 years to save'

The average single person in their twenties will now have to save for over 14 years before they can buy a home, says the housing charity Shelter.

BT complains about Sky Sports supply

UK telecoms regulator Ofcom is to launch an investigation into BSkyB over the supply of its sports channels to rival broadcasters.

Postal workers reject privatisation

Royal Mail workers vote strongly against the government's proposals to privatise the postal group.

Osborne set to outline bank plans

The Chancellor, George Osborne, is expected to outline the government's plans for the future of Lloyds and RBS during his speech at the Mansion House.

China's Wanda to buy UK yacht maker

Dalian Wanda Group, a Chinese property developer, says it will spend £1bn ($1.6bn) to buy a British yacht maker and property in London.

BT's Livingston to be trade minister

BT chief executive Ian Livingston is to leave the company to join the government as a trade minister, David Cameron announces.

BoE votes 6-3 against stimulus move

The Bank of England governor was outvoted again at his final monetary policy committee meeting, with the body voting 6-3 against more stimulus measures.

Cyprus leader attacks bailout terms

Cyprus President Nicos Anastasiades urges eurozone leaders to help his country's biggest bank and sharply criticises the bailout agreed in March.

Japan exports up by most since 2010

Japanese exports rose in May at the fastest annual rate since 2010 as the yen weakened, providing a boost to Prime Minister Shinzo Abe's plan to revive the economy.

Food labels system to be rolled out

A new consistent system of front-of-pack food labelling is to be introduced in the UK, the government says.

London Market Report

Shares in London fall back, with investors expected to remain cautious ahead of comments from the US Federal Reserve.

Dish abandons bid for Sprint Nextel

US satellite TV operator Dish Network says it will not submit a revised bid for Sprint Nextel, leaving the way open for a rival bid from Japan's Softbank.

G8 leaders agree deal on tax evasion

Leaders of the G8 major economies agree plan to clamp down on money launderers, illegal tax evaders and corporate tax avoiders.

Deloitte gets one-year New York ban

Deloitte Financial Advisory Services is suspended for one year from doing new consulting work in New York after regulators criticised its work at Standard Chartered.

Chrysler agrees to recall 2.7m Jeeps

Chrysler agrees to recall 2.7 million Jeeps that could be at risk of fuel tank fires, after initially refusing a US government request to do so.

Lloyds 'aware of' Co-op's black hole

The bosses of the Lloyds Banking Group tell MPs that they knew there was a black hole in the accounts of the Co-op Bank, four months before a vital deal with them collapsed.

EU car sales hit 20-year low for May

New car sales across Europe fell to their lowest level in two decades in May as the deepening recession hurt demand.

House price 'bubble' warning

Building Societies are warning the government about a future house price bubble, unless it plans how to end its Help to Buy programme.

Families 'less gloomy over finances'

UK household finances are improving, a survey suggests, although most people still believe their financial circumstances are deteriorating.

Credit union rules 'burdensome'

Credit unions should be allowed to charge more and take bigger deposits, according to a think tank.

UK inflation rate rises to 2.7%

The rate of consumer price index (CPI) inflation increased to 2.7% in May, up from 2.4% in April, the Office for National Statistics (ONS) says.

Ex-Wickes boss in High Street revamp

The former boss of Wickes and Iceland, Bill Grimsey, has outlined his vision of how to revamp the UK's struggling High Streets.

Turkey faces strike over crackdown

Two major union federations in Turkey call a one-day strike to protest against the police crackdown on anti-government demonstrations, following the clearing of Gezi Park on Saturday.

Organise a concert by your favourite band

If you ever fancied organising a concert by your favourite band, UK technology company Songkick could have the answer.

Small brewers with big passion to succeed

The BBC’s Jill Martin visits a former nun and a beer nut in the US state of Georgia to discover why passion is seen as the vital ingredient in brewing a successful US small business.

Cookery classes relying on angels

Before the financial crisis, Jean-Christophe Menz could just walk into a bank and ask for money - not any more.

Hearts placed into administration

Hearts are placed into administration, with accountancy firm BDO to take over the running of the Tynecastle club.

WRU wants to discuss Lions profits

Welsh rugby chief Roger Lewis calls for a home nations rethink of how profits generated by British and Irish Lions tours are split.

Maradona in China compensation win

Diego Maradona wins compensation from two Chinese firms for using his name in an online game, Hot-Blooded Soccer, without his consent.