The Co-operative Bank has struck a �700m rescue deal with hedge funds in a move that will leave retail bondholders with less than half of their original investment.
Four people have been arrested in the UK following an investigation into scam calls from fraudsters claiming to be able to fix IT issues for a fee.
Three high street coffee chains have launched investigations after faecal bacteria were found in ice at their stores, according to the BBC.
Mark Carney sought to clarify his position on interest rates on Wednesday, setting out his view that he would vote to tighten monetary policy if business investment begins to rise offsetting weaker consumption.
“The European Central Bank and the Federal Reserve are losing control of the exchange rate,” says George Saravelos at Deutsche Bank.