International Business Times

Revenue & Customs (HMRC) has come under intense scrutiny after MPs published a damning report into how big corporations enjoy a "cosy relationship" with the taxman.The Public Accounts Committee...

Immigration Minister Damien Green has been summoned to appear in the Commons after a leaked document said that 4,238 criminals from overseas are not being detained, even though they had been earmarked...

Even as efforts are going on to bail out the debt-ridden economies in the eurozone, the European Central Bank (ECB) has warned that the crisis could aggravate next year and even spread into the rest...

British Telecom has sued Google's Android mobile operating system, as it believes that the software infringes six patents in its Maps, Music and Android Market applications.The lawsuit also claims...

Britain's banking system is set to undergo major overhauls that the government aims to implement by 2019, reports said.The key component of the reform is the planned separation of British banks'...

The tax injustice pressure group, UK Uncut, has claimed victory over Her Majesty's Revenue & Customs after it was reported that up to ten compa-nies would have their tax settlements with the HMRC...

Privacy campaigners have expressed fears that the government's new plan to help "troubled families" may lead to social workers becoming the "eyes and ears" of law enforcers."People let social workers...

French leaders have lashed out against Britain, calling for the UK to lose its AAA credit rating and claiming that London faces larger national debts, higher inflation and slower growth than...

Vladimir Putin has blamed Russian exiles in London for an article investigating fraud in the country's parliamen-tary elections. The editor of the Russian magazine Kommersant Vlast, Maxim Kovalsky,...

As shoppers feel the wintry economic bite, so do the shopkeepers, with latest figures showing a drop in retail sales from October to November. This comes just at the time you'd expect Christmas...

As unemployment shoots up another 128,000 to a rate of 8.3 per cent - its highest level in 15 years - we are heading into a "gloomy" 2012, according to a City expert.Statistics published today show...

The scale of the divide between the Prime Minister, David Cameron, and his coalition deputy, Nick Clegg, over the decision to veto the EU treaty was there for all to see as the Liberal Democrat leader...

Infamous former Royal Bank of Scotland (RBS) chief executive Sir Fred Goodwin was at the heart of "poor management and board decisions" that led to the bank's failure, according to a new report.The...

The Prime Minister, David Cameron, will look to calm nerves within in his fractured Coalition government when he addresses the House of Commons today.David Cameron returned to the U.K. late on Friday...

Britain refused on Friday morning to join a deal that aims at resolving the EU debt crisis and stabilising the cur-rency.The BBC has reported that Prime Minister David Cameron refused to join the...

Notorious private investigator Glenn Mulcaire (pictured) has been arrested by police investigating phone hacking, according to reports.A 41-yeard-old man was arrested for "conspiring to intercept...