All but one of the major European banks have come through the latest round of stress tests with capital to spare, although the results of the health-check suggested that RBS’s balance sheet would be rattled by a wide-ranging economic shock. The...

Britain has always excelled at self-flagellation. Our economy certainly has many faults, and it is a sign of national self-confidence that we are so keen to discuss endlessly how to address them. But we are not the only ones to face immense...

The Competition & Markets Authority (CMA) has now agreed to review whether the undertakings are still relevant, saying that BAE is arguing that the defence industry has changed since the merger and that the compliance costs “stifle its...

However it emerged Mrs May had told Mr Hollande directly that she would “need time” to decide for herself on the project during a visit to Paris on Thursday last week. She subsequently sought to reassure him that the review was not a sign of...