State-backed bank Royal Bank of Scotland (RBS) has said an error meant it only just passed a European stress test of its balance sheet.
Exchange-traded funds tracking Chinese equities listed in Shanghai and Hong Kong surged after the central bank cut interest rates for the first time in more than two years to bolster the economy.
George Osborne suffered a major setback in his pledge to balance the books today - after official figures showed borrowing had gone up over the past year.
American airline Delta is to replace its old Boeing planes with 50 Airbus wide-body jets powered by Rolls Royce engines. The order, worth $14bn (�8.9bn), confirmed by Delta on Thursday, is a victory for the European plane maker.
Fuller Smith & Turner, the London-based brewer and pub company, reported strong half-year results with food sales driving growth as more people head to pubs to eat out.