Train and bus operator turns to shareholders for £615m and scraps final dividend in effort to reduce debtsFirstGroup, the train and bus operator, has turned to shareholders for £615m, scrapped a final dividend and parted company w ...

LONDON (Reuters) - Nationwide, Britain's biggest customer-owned financial services group, plans to issue a new form of so-called loss-absorbing debt in order to bolster its capital position. ...

LONDON (Reuters) - Nationwide, Britain's biggest customer-owned financial services group, plans to issue a new form of so-called loss-absorbing debt in order to bolster its capital position. ...

TOKYO (Reuters) - A Japanese government panel warns there is "absolutely no" guarantee that domestic investors will keep buying government bonds, citing the risk of a spike in bond yields that could crimp long-term growth prospects, accordi ...

The struggling bus and train operator FirstGroup tapped investors for £615 million to cut debts and axed the dividend as profits slumped.     ...

LONDON (Reuters) - Bus and rail operator FirstGroup said it would raise 615 million pounds through a rights issue to pay down debt after its full-year profit fell more than a third. ...

LONDON (Reuters) - Bus and rail operator FirstGroup said it would raise 615 million pounds through a rights issue to pay down debt after its full-year profit fell more than a third. ...

Move to ensure olive oil is served in non-refillable bottles condemned as weirdest decision since curvy cucumber rulingEU bureaucrats have been ridiculed for shifting their focus from fighting the eurozone's debt crisis to impose strict rul ...

Move to ensure olive oil is served in non-refillable bottles condemned as weirdest decision since curvy cucumber rulingEU bureaucrats have been ridiculed for shifting their focus from fighting the eurozone's debt crisis to impose strict rul ...

LONDON (Reuters) - Bus and rail operator FirstGroup plans to announce a 600 million pound ($911.5 million) rights issue in the coming days to help pay off debt, British media reported on Sunday. ...

(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion (1 billion pounds) of troubled mortgage debt. ...

(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion (1 billion pounds) of troubled mortgage debt. ...

In a letter to Congress, the Treasury secretary said he was initiating

In a letter to Congress, the Treasury secretary said he was initiating

BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt ...

BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt ...

BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt ...

Travel giant Thomas Cook today took a huge step towards recovery with a £1.6 billion refinancing of its vast debt pile, just 18 months after the 172-year old company veered close to collapse.     ...

An independent Scotland would be regarded as a "basket case" on the world stage if Alex Salmond made good his threat not to accept a share of the UK's national debt, Danny Alexander has warned.     ...

WASHINGTON (Reuters) - The International Monetary Fund's executive board approved a $1.3 billion (853.7 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid ...

WASHINGTON (Reuters) - The IMF's executive board approved a $1.3 billion (854.2 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt. ...

LONDON (Reuters) - Private equity firm AnaCap said on Wednesday it had agreed to sell British consumer debt collector Cabot Credit Management (CCM) to U.S. investment firm JC Flowers. ...

ACCRA (Reuters) - Ghana plans a Eurobond worth up to $1 billion (655 million pounds) to refinance debt and fund infrastructure projects, its vice president said, adding to the list of developing countries tapping yield-hungry investors to b ...

Standard & Poor's report says that in terms of outstanding non-financial debt the US will slip into second place in 2014-15 ...

Standard & Poor's report says that in terms of outstanding non-financial debt the US will slip into second place in 2014-15 ...

Former chancellor says decision on airport capacity needed urgently to prevent lost decade of flat economic growth and rising debtThe coalition must move urgently to promote big-ticket infrastructure projects such as a new runway at Heathro ...

British families are the most heavily indebted in the developed world despite austerity, figures have shown.     ...

Channel 4 paid increased bonuses to its bosses last year despite the state-owned broadcaster going £27

MANNHEIM, Germany (Reuters) - German analyst and investor sentiment edged up in May after dropping sharply in the previous month, suggesting the euro zone's largest economy is overcoming concerns over a flare-up in the bloc's debt crisis an ...

BRUSSELS (Reuters) - Europe's debt crisis has shattered its citizens' faith in the European Union and increased distrust between core nations, although support for the euro currency remains solid, according to a widely watched study release ...

Research from retirement firm MGM Advantage claims that potentially more than 250,000 Britons are seeing out their retirement with credit card, personal loan or overdraft debts of between £25,000 and £100,000. ...

Mortgages are just a fact of life, aren't they? Not for everyone

ONS figures show that those with loans worth at least 80% of their home's value were under the greatest burdenBritish households had outstanding property debts worth a total of £848bn as the financial crisis took hold, with half of tho ...

LONDON (Reuters) - Standard Chartered shares fell and the cost of insuring its debt against default jumped on Monday after U.S. activist investor Muddy Waters said it had bet against the bank because of its "deteriorating" loan quality. ...

Co-op Bank's debt rating is downgraded to "junk" status by Moody's, and its chief executive resigns after the collapse of a deal to buy branches from Lloyds. ...