A formal investigation has been launched by the City watchdog into Neil Woodford’s suspended equity income fund in the latest blow for the under-pressure investment guru.

British chancellor Philip Hammond is being urged to start taxing clothes made from polyester and nylon as he seeks to stop harmful plastics filling the world’s oceans.

More than 2,000 jobs could be created if the Vat rate on hotels and visitor attractions in the North is cut to 5%, a report for the tourism industry has shown.

Stormont's First Minister has accused her Sinn Féin partners in government of playing a game of chicken over a green energy scheme scandal and warned she would not blink first.

The Central Bank has begun laying the groundwork to accommodate a significant number of London-based financial services firms looking to move their operations to Dublin in the wake of Brexit.

EU structural and investment projects in Northern Ireland signed before the British Chancellor's Autumn Statement will be guaranteed after Brexit, the UK Treasury said.

Alarm has been raised here after chancellor George Osborne told the Financial Times, in his first interview following the shock Brexit vote, that the UK now aimed to offset any slowdown in Britain by cutting its corporation tax rate all the way down to 15%.

Global markets have regained some sense of calm following the turbulence that followed the unexpected result of the UK referendum that saw a vote to leave the EU.

Eight weeks from today, on June 23, British voters will decide if their country remains a member of the EU.

British finance minister George Osborne told voters that leaving the EU would cost each household thousands of pounds a year and sap funding for public services because it would do permanent damage to the country’s economy.

Royal Bank of Scotland Group and the UK government have agreed to scrap the state’s rights to preferential dividends, paving the way for the bank to return capital to shareholders as early as next year.

George Osborne’s budget and Duncan Smith’s resignation need careful scrutiny for their implications for Ireland, writes Kyran Fitzgerald.

If you’re buying a rental home in the UK, you’re making the Bank of England nervous.

The UK Treasury yesterday announced its intention to sell at least £2bn worth of shares in Lloyds Banking Group to private retail investors in spring 2016 to return the bank to full private ownership.

Britain’s largest banks are urging the UK Treasury to start a formal review of taxes on the industry, amid concern HSBC Holdings and Standard Chartered could move overseas to avoid a levy on balance sheets.

The Foreign Affairs Minister Charlie Flanagan will lead the Irish Government delegation at an emergency meeting in Stormont today.

Royal Bank of Scotland could be asked to increase the size of the Williams & Glyn business, its subsidiary of which outgoing Ulster Bank CEO, Jim Brown is due to head up, which it plans to sell next year after the British government asked for a speedy review of its impact on competition in the banking market.

Around 20,000 jobs are to be slashed from the North’s public sector following a political deal to safeguard powersharing.

The UK Treasury has recovered a further £1.36bn from Iceland after its Landsbanki bank collapsed at the height of the financial crisis, forcing a taxpayer bailout for 230,000 savers in the UK.

A £160m hit to Stormont’s budget next year will be dwarfed by a further £1.3bn worth of cuts looming on the horizon, the Northern Assembly has been warned.

Stormont ministers have agreed a draft budget for next year ahead of tomorrow’s UK Treasury-imposed deadline.

British prime minister David Cameron’s troubled relationship with the EU plumbed new depths yesterday as he said Britain would not be paying more than €2.1bn in ‘top-up’ EU budget payments.

Ireland has paid the UK €186m (£148m) in interest payments following a crisis loan in 2010.

The final go-ahead has been given by the European Commission for a new £16bn nuclear power station in the UK, according to Greenpeace.

Relatives of Bloody Sunday victims could take the chief constable to court over proposals to scale back the police investigation, their solicitor has said.

Relatives of civil rights protesters shot dead by soldiers on Bloody Sunday in Derry in 1972 have said they are devastated after learning most police investigators are to be laid off.

The International Monetary Fund has warned that a vote in favour of independence will spook the financial markets.

British chancellor George Osborne has ruled out a public offering of the UK government’s remaining shares in Lloyds Banking Group ahead of the general election next year.

State-backed Royal Bank of Scotland has agreed to pay £1.5bn to the British taxpayer in a complex deal ultimately enabling it to resume future dividend payouts and which it hopes will accelerate its tortuous return to the private sector.

Vodafone has admitted that the main reason it located its brand and marketing arm in Ireland was to benefit from the attractive tax regime.

The decision by the Ulster Bank to shrink its branch network and significantly reduce job numbers was widely seen as another negative development.

Uncertainty will hang over the future of Ulster Bank until the UK Treasury conducts a review in the autumn that will decide its fate.

Taoiseach Enda Kenny has said he has not seen any proposal from the British government on a purchase of Ulster Bank.

A British parliamentary proposal to give Ireland the loss-making Ulster Bank in return for Nama’s lucrative, London property portfolio would be rejected by the Government if it ever becomes a firm offer.

Big Tobacco is proving notoriously hard to stub out but legal changes, excise hikes and the illicit trade are hurting it, writes John Hearne

Goldman Sachs has decided not to hold back investment bankers' bonuses until the new financial year.

In order for our banks to regain public trust, they need to change their culture, and remember their core purpose — of service to the community, writes Ray Kinsella

Fears of a double-dip recession were fuelled today as the International Monetary Fund (IMF) slashed the UK’s growth forecast and warned the global economy is in a “dangerous new phase”.

British Prime Minister David Cameron has signalled his willingness to consider a corporation tax cut in Northern Ireland, but warned the days of solving every economic problem by asking the UK Treasury for more money are over.

A potential cut in the North's corporate tax rate to the level in operation in the South is not a threat to the Republic’s economy, Tánaiste Eamon Gilmore has insisted.

Britain's chancellor George Osborne will today endorse sweeping European supervisory powers over banks and financial institutions in response to the economic crisis.

Inflation and unemployment figures and the annual meetings of British Airways and Marks & Spencer should make up for a quiet results schedule on the London market this week.