Britain's biggest pharmaceutical company, GlakoSmithKline, has said it will stop paying doctors tens of millions of pounds a year to promote its drugs.
The Bank of England governor, Mark Carney, has robustly defended his forward guidance policy in parliament against critics who argue it is confusing and has done little to persuade markets that an interest rate rise can be delayed for three years while the economy mends.
Miley Cyrus did it, Lily Allen refused to do it, one London gym started offering lessons in it. And on Tuesday twerking – the frenetic, buttock-wiggling dance – also topped Google's list of the trends that Britons were trying to discover the meaning of online this year.
Troubled smartphone firm BlackBerry is losing three more executives, including its head of global sales, days before quarterly figures are expected to show further steep losses.
Microsoft's next chief executive will not be announced before 2014, the company's board has said, lowering speculation that they have already picked a successor to Steve Ballmer.
Vince Cable's business department has admitted that the scathing report into Royal Bank of Scotland's treatment of small business customers published last month was different to the one the business secretary had received.
Taxpayers took a hit of at least £230m through the sale of a stake in Lloyds Banking Group, the National Audit Office said on Wednesday, in a report that contradicts government claims that it a made a profit on the privatisation of the bailed-out institution.
A new survey on job prospects in the UK shows that companies are at their most optimistic about hiring new workers since the onset of recession.
Juventus striker Fabio Quagliarella has again been linked to Premier League with both Swansea and Southampton possible destinations
Arsenal’s South Korean striker Park Chu-Young is in danger of missing out on the World Cup unless he gets first team football