An oath for bankers should be introduced to raise accountability and standards in banking, says a think tank.

Microsoft confirms that officials from the Chinese regulatory body responsible for enforcing business laws have visited some of its offices.

Oil giant BP reports a rise in second quarter profits to $3.2bn, but warns that further economic sanctions against Russia could affect its business.

UBS, Switzerland's biggest bank, has reported a 15% jump in second-quarter net profit on the same period last year.

London's Gherkin skyscraper is put up for sale, with interest expected from Chinese, other Asian, and US buyers.

Car and plane parts maker GKN and clothing retailer Next are the biggest risers in early London trading.

There has been a sudden jump in the number of individuals becoming insolvent, in the steepest rise since 2010, according to government figures.

The number of people taking out mortgages is back on the rise, according to figures from the Bank of England.