Spain is to partially close 30 of the nation's 47 state-run airports in an attempt to reduce the costs of its "white elephants" built throughout the nation during the boom years.

Once again Europe's leaders have swooped into Brussels and vanished hours later without offering any clear way out of the pulsating crisis at hand.

The British Government's borrowing costs fell to a record low, reinforcing its safe-haven status amid an escalating crisis in the eurozone.

If David Cameron is opposed to a European financial transaction tax, as he claims, he should abolish the one he levies at home stamp duty.

An end to the era of free banking moved closer last night after the Treasury Select Committee threw its support behind plans for banks to introduce current account charges.

Superstar economist Paul Krugman wants us to change course, but his solutions are simplistic.

Private equity firm Apax is set to lose up to €400m (£324m) after being forced to launch a sale process for its medical courier company, Marken.

Anthony Parsons one of the City's most famous financiers has left Deutsche Bank after almost a decade as UK chairman of mergers and acquisitions.

The head of the eurozone’s central bank urged the region's leaders to take a “courageous leap” to safeguard the future of the single currency as clear divisions continued and a Greek exit remained in focus....

The eurozone’s private sector suffered the worst downturn in almost three years in May, signalling widespread weakness as weaker countries’ woes spread to Germany and France.

BT’s chief executive Ian Livingston will forgo a salary rise this year “to send a signal” to shareholders angered by bosses’ pay but is on track for a massive increase in his potential total remuneration ...

Mike Lynch, founder of the British software giant Autonomy, which was acquired by Hewlett-Packard last year, will receive a “multi-million dollar” pay-off on top of the $800m (£500m) he has already pocketed ...

Just ten months ago Mike Lynch was the UK technology industry’s boy done good.

London’s leading shares were back on the offensive, marching ahead despite Britain sinking deeper into recession and the latest eurozone summit failing to provide any concrete solutions to the region’s ...

Continental beers such as Peroni, which can cost more than £5 a pint in some city bars, have surged in popularity in the UK despite the recession, according to brewing giant SABMiller.

Olympic authorities are facing a legal challenge unless they withdraw “unlawful” and “devastating” plans for road closures and restrictions which small companies claim could put them out of business.

BT’s chief executive Ian Livingston will forgo a salary rise this year “to send a signal” to shareholders angered by bosses’ pay but is on track for a massive increase in his potential total remuneration ...

Economists have warned of a fresh threat to the recovery after official figures showed that the country is being propped up by “unsustainable” Government spending.

One of Britain’s most senior judges called for the Serious Fraud Office to be “properly financed” as he dealt with a catalogue of mistakes in the handling of the Tchenguiz case.

You might argue that a Chinese company could hardly have picked a better week to become the second-largest owner of cinemas in the US.

Economists have warned of a fresh threat to the recovery after official figures showed that the country is being propped up by “unsustainable” Government spending.

You might argue that a Chinese company could hardly have picked a better week to become the second-largest owner of cinemas in the US.

Dairy Crest has slumped to its first loss since it was privatised more than two decades ago, as it wrote off the value of its dairies.

Solar industry claims Government is "strangling an industry that is already struggling".

The new boss of Mothercare has promised to slash the price of clothes and baby equipment to compete with supermarkets.

Regulators may have forced banks to bullet-proof their balance sheets too quickly and “inadvertently” stifled the amount of lending available to businesses and households, a senior financial supervisor ...

A slowdown in tourists going on upmarket Caribbean holidays hit profits at Cable & Wireless Communications, the company said, as it warned it will halve its dividend.

A former cabinet minister has accused the Government of "cosying up" to big US corporations at the expense of British technology companies, a day after Mike Lynch, the founder of UK software ...

The UK economy is 14pc smaller than it would have been had growth stayed on the trend set before the recession struck, according to Bank of England rate-setter David Miles.

The task of turning around the world’s oldest holiday company has been given to the boss of an electronic components group who has no experience of the travel industry.

The French fashion house has been valued at £16.5 billion, making it the most valuable luxury fashion brand.

Experts pick their favourite lesser-known fund managers who are gearing up to overtake their bigger rivals.

Qinetiq, the defence technology group, warned this year’s impending US presidential election could lead to contract delays as it posted full-year figures.