Bankers say put reforms on hold until markets and economy recover Director general of Confederation of British Industry says ploughing ahead with overhaul would be 'barking mad'
Treasury strikes tax evasion deal with Switzerland to recoup unpaid cash Switzerland has agreed to make a one-off deduction from all existing accounts held by people who are liable for British taxes but have not paid them
QE3 is not a magic bullet for Ben Bernanke A third round of quantitative easing may not be the best way to boost output in the US and head off a double-dip recession
This ‘safe haven’ is no bustling harbour George Osborne's refrain – which suggests that Britain is a sunlit land of prosperity, opportunity and growth – is becoming irritating, writes Nils Pratley
Osborne: our deficit reduction plan is vindicated by global events In an emergency statement to parliament, the chancellor acknowledged that the UK recovery will be 'longer and harder than we had hoped'
UBS threatened to abandon Broadgate HQ if complex was listed Letter from Swiss bank's chief executive warned of 'serious consequences' if redevelopment of site had been prevented
Debt ceiling talks between Obama and Republicans collapse US on brink of economic crisis after negotiations over outline of $3tn cuts package and tax rises break down
US debt ceiling: Why is America facing a borrowing crisis? Why has the US reached deadlock over its borrowing limit, and what are the consequences if agreement cannot be reached?
‘Casino bank’ ringfencing could damage high street operations, says industry Barclays responds to Vickers report by describing the benefits of any ringfencing of high street banks as 'marginal at best'
Lloyds chief António Horta-Osório prepares to meet US investors Bailed-out bank's chief executive will fly to New York to present the results of his strategic review to shareholders
Fiscal U-turn would be a tricky manoeuvre With growth at a near standstill, some tweaking of government tax and spending plans looks inevitable – but the result could be a political storm
Northern Rock targeted by US private equity group Blackstone Investment giant contemplating bid after George Osborne opens door to sale of nationalised bank
Northern Rock is now for sale, chancellor tells bankers George Osborne hopes to find buyer for nationalised bank this year, but says other bailed-out banks tougher to sell
Osborne hopes to sell Northern Rock by end of year Chancellor to announce ambitious plan for nationalised lender in Mansion House speech
George Osborne backs ring-fencing of retail banks Chancellor to argue that invisible walls between investment and high street operations would protect British economy