Economics

The Royal Bank of Scotland (RBS) and 17 former directors, including former CEO Fred Goodwin, have been hit with a £2.4bn legal claim from a group of investors.

Shares in beleaguered video games retailer GAME plunged by two-thirds in early trading after it warned shareholders stakes may be worthless.

The Chancellor George Osborne is to set out a plan to reduce corporation tax to 20% in next week's Budget.

The Greek debt swap deal has been sealed and markets have responded in relief but has it really been a success and should we start worrying about Portugal?

Rupert Murdoch could be forced into selling his stake in BSkyB as it emerged Ofcom, the media regulator, is investigating whether News Corp is 'fit' to run the TV group.

A credit event in Greece triggering CDS protection payouts would be positive for peripheral bonds, according to Argonaut's Barry Norris, as investors are more likely to buy them with the comfort of insurance.

In the latest Conjecture debate, our panelists from Legg Mason subsidiary Brandywine Global and Newscape Capital Group discussed Currencies.

Insurance giant Old Mutual, the parent of fund supermarket Skandia, saw shares lead the FTSE 100 in early trading after reporting a jump in profits.

US markets climbed overnight to finish the session stronger ahead as Greece managed to avert an immediate default.

Greece has confirmed it received enough support from creditors to carry out a vital debt swap which drastically cuts the value of debt owned by bondholders.