Royal Mail broke price law says Ofcom

A Royal Mail post box
©Andrew Winning/Reuters

Postal service faces fines as watchdog says group overcharged

Lone Star to buy Quintain in £700m deal

Latest UK property investment for Dallas-based private equity firm

Barclays chairman hails investment bank

McFarlane sets demanding new cost-cutting target

Total in $900m North Sea sale to SSE

French energy group predicts more asset sales as refining arm shores up profits

Jones quits over Santander listing delay

Departure of UK finance chief raises doubts on flotation

Stephen Hester

Zurich raises prospect of clean RSA exit for Hester

Swiss takeover would offer chance to build onex-RBS chief’s overhaul

Exploration well, Taq Taq

Kurdistan cash squeeze tests oil groups

Genel, Gulf Keystone and DNO owed hundreds of millions of dollars amid Erbil-Baghdad dispute

Appetite for apps lifts Domino’s profit

Mobile devices account for majority of group’s internet orders

BAE at risk of missing earnings target

Defence company struggles to clinch contracts for jets and ships with Saudi Arabia and Australia

Melrose shares soar on Elster sale

Investors to receive £2bn windfall from meter business disposal

ITV profits surge but audience shrinks

Broadcaster benefits from recovery in UK advertising spending

PM to tackle ‘dirty money’ in UK property

Data on ownership by foreign companies to be published

BP to cut back spending after $6.3bn loss

Dudley aims to revive fortunes by deferring capital investment

Mortgage growth boosts Virgin Money

Challenger bank warns new tax will dampen future returns

Zurich draws up plans for RSA bid

Shares jump 18% after Swiss group confirms it might make offer

UK takeaway start-up Deliveroo nets $70m

Early-stage delivery business latest to fulfil investor appetite

Marwyn vehicle to buy media companies

Group to list on Aim and raise £30m from institutional investors

GVC plays solo game in Bwin bid

Group goes it alone after Amaya tie-up seen as too complex

Reckitt boss remains nicely focused

Results somewhat overshadow those of rival Unilever

Merlin counts the cost of Smiler accident

Alton Towers operator sharply lowers profit forecast for theme park division


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