Britain is spending nearly twice as much on debt interest as defence, figures show, as the OECD warns that high borrowing costs are hampering Europe’s rearmament. The cost of servicing the UK ...

Net debt climbed about US$4 billion from the prior quarter, BP said Friday, citing an increase in working capital. It also reported lower upstream production and weak gas trading — disappointing for a ...

Swansea- based renewable energy provider, Economy Energy Group, has become the second firm to secure backing from the large debt element of the British Business Bank’s £130m Wales Investment Fund.