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According to a new report, the British advertising market is expected to record strong growth. As per Zenith Optimedia estimates, the advertising revenue is expected to grow at the rate of 7.4 per cent or by £1 billion this year to £14.3 billion.

Persistent shortage of houses pushed property prices drastically up in the UK, particularly in London and the south east, for a third consecutive month in May.

Pfizer CEO Ian Read on Sunday described the company's new proposal for AstraZeneca as "compelling" and cautioned that the American drugmaker would walk away if AstraZeneca didn't accept it.

New recruitments by BT are expected to help the telecom firm address complaints that it often leaves its customers stranded without access to internet for too long.

Thomas Cook CEO Harriet Green, who recently won the Veuve Cliquot Business Woman of the Year Award for transforming the troubled travel operator, said that new mothers should cut the amount of maternity leave they take as remaining out of work for a long period of time result in loss of confidence in the workplace.