Product placement is to be permitted on UK television programmes, the government has confirmed after a three-month consultation.

Beleaguered car manufacturer Toyota has announced a global recall of its newest Prius model due to problems with its brakes.

The UK high street suffered its worst January in at least 15 years after extreme weather and continued economic woes kept shoppers away, new figures have revealed.

Hector Sants has resigned as chief executive of the Financial Services Authority, it has been confirmed.

The FTSE 100 continued its steady progress to the week on Tuesday opening up almost half a per cent.

The FTSE 100 began the week in impressive style; ending the day up over half a per cent on the back of impressive trading figures for the mining company Randgold Resources.

There are reports the Spanish bank Santander could be considering floating a stake in its UK arm on the London Stock Exchange.

The FTSE 100 began Monday in positive fashion, up almost one per cent in the first hour of trading.

Reports from Japan suggest car manufacturer Toyota could recall its Prius model in the US and Japan after concerns about the model's breaks.

Following an announcement yesterday that BAE would be fined £286 million in a deal over a corruption probe, campaigners have said they are "shocked and angered" by the decision.