The Prudential Regulation Authority says the UK's top banks and building societies need to fill a £27.1bn hole in their balance sheets.

The Indian rupee dips to an all-time low against the US dollar after the US Federal Reserve signals it could start pulling back on stimulus later this year.

After eight years, Sir Howard Stringer steps down from the Japanese electronics giant Sony.

Share prices fell in Asia after the US Federal Reserve announced it could start to wind down its stimulus-providing bond-buying programme later in the year.

Brussels says passengers going through the Channel Tunnel are paying over the odds, because Eurotunnel is overcharging the train companies for using the track.