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European stock markets open lower after a ratings agency downgrades 16 Spanish banks and uncertainty continues about the fate of Greece. Read More... european      shares      knocked      spain      All     
The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates. Read More... taxpayer      lost      bn      rock      rescue      All     
Facebook shares will begin trading in New York on Friday in one of the most eagerly anticipated share flotations in recent stock market history. Read More... facebook      share      sale      approaches      All     
Shares in Spanish bank Bankia continue to dive as the government denies reports of a rush of withdrawals from the troubled group. Read More... bankia      shares      continue      slide      All     
Housing groups warn that problems in Britain's housing market are not being fixed, on the day that figures on new house building are due. Read More... uk      housing      market      needs      fixing      All     
Troubled retailer Clinton Cards, which is in administration, is to close almost half its stores across the UK, leading to the loss of almost 2,800 jobs. Read More... clinton      cards      close      stores      All     
The Bank of England warns that the eurozone is "tearing itself apart" with the "storm" threatening the UK recovery, as it cuts its forecast for growth this year. Read More... bank      warns      euro      crisis      storm      All     
UK manufacturers want the government to offer more support rather than "empty rhetoric", a new survey by business advisers BDO says. Read More... manufacturers      need      support      All     
The head of JPMorgan Chase, the biggest US bank, is backed by shareholders days after it revealed a $2bn (£1.2bn) trading blunder. Read More... jpmorgans      dimon      wins      pay      backing      All     
The UK's overall trade gap in March narrowed to £2.7bn, but the deficit for trade in goods alone was unchanged at £8.6bn, official figures show. Read More... uk      trade      deficit      narrows      march      All     
The German economy returned to growth in the first quarter of the year with a 0.5% rise in GDP, but France's economy recorded zero growth. Read More... german      economy      returns      growth      All     
There is a "compelling" case for a system of road charging, according to a report by the Institute for Fiscal Studies and the RAC. Read More... compelling      case      road      tolls      All     
Facebook co-founder Eduardo Saverin has renounced his US citizenship, just days ahead of the company's stock flotation. Read More... facebooks      saverin      quits      us      All     
European shares fall as the continuing political uncertainty in Greece undermines investor confidence. Read More... europe      shares      hit      greek      crisis      All     
Top executives at JPMorgan Chase are expected to resign on Monday following $2bn of losses at the bank's London trading desk, reports suggest. Read More... jpmorgan      executives      to      resign      All     
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