Ministers name 48 firms they say have repeatedly failed to pay their workers the national minimum wage.

Former senior tax official Dave Hartnett expresses "surprise" that just one person was prosecuted in the UK over alleged tax evasion by clients of HSBC's Swiss arm.

Labour's general election manifesto will contain a pledge not to raise VAT, shadow chancellor Ed Balls will say.

Swedish fashion retailer Hennes & Mauritz (H&M) says "strong" store and online expansion led to improved sales and profits in the first quarter.

Tesco is facing potential legal action from UK institutional shareholders following its accounting scandal.

Bank regulators in the United States have criticised two UK banks for failing to make adequate provisions in the event of their collapse.

After closing at a record high on Monday, the FTSE 100 continues to rise, helped by encouraging economic data from the eurozone.

The UK's inflation rate fell to 0% in February, the lowest since records began, official figures show.