Barclays to allow payments with Twitter

Barclays will become the first British bank to allow people to make payments to each other and small businesses using just their Twitter handle.

Full investigation into the dominance of 'big four' UK banks confirmed

Britain's biggest banks face the prospect of being broken up by the competition regulator, in spite of warnings that this would be hugely expensive and hold back lending to the economy.

RBS bosses 'wilfully obtuse' over alleged mistreatment of small firms, say MPs

Senior executives at the Royal Bank of Scotland have been accused of being “wilfully obtuse” in answering MPs questions about the alleged mis-treatment of the bank’s small business clients.

Small businesses are the UK's greatest advantage – we must help them look overseas

After weathering the recession, recent data suggests the British economy is finally mounting a sustained recovery.

Barclays considering closure of a quarter of its high street branches

Fresh fears of job cuts in the banking industry were raised on Tuesday night after it emerged Barclays could close a quarter of its high street branches in coming years.

Autumn Statement: Business rate rises to be capped

Increases in business rates in England are to be capped at 2%, instead of being linked to inflation, the Chancellor, George Osborne, has announced.

HSBC pays $4.2bn for fines and mis-selling in 2012

HSBC paid out $4.2bn (£2.8bn) last year to cover the cost of past wrongdoing. As well as $1.9bn in fines for money laundering, the bank also set aside another $2.3bn for mis-selling financial products in the UK.

'Buddy' scheme to give more multinationals access to ministers

The government is expanding a controversial scheme which pairs dozens of multinational companies with a ministerial "buddy", giving them privileged access to the heart of government, the Guardian has learned.

Swap mis-selling victims to wait nine months for review

Small businesses that could have been mis-sold complex interest rate derivatives face a wait of up to nine months to find out whether they are entitled to any compensation.

RBS to pay out £125m over computer glitch

Royal Bank of Scotland (RBS) has put aside £125m to pay compensation to customers affected by the recent breakdown in its computer systems.

Indian companies prefer face-to-face meetings over social networking

NEW DELHI: Social networking sites might be catching the public's imagination but Indian companies still feel face-to-face meeting will be the most effective way to lure customers in the next two to three years, says a survey.