Axa is to sell Elevate, a business which handles nearly �10bn of UK investments, to Edinburgh-based insurer Standard Life. The move is one of a trio of deals worth up to €830m in total that will complete the French group's exit from UK life assurance.
The UK's biggest payday lender - Wonga - saw its losses double last year as tougher regulation in the industry continued to bite.
The European Court of Justice dismisses the final legal challenge to EU rules which aim to stop youngsters from starting smoking. 11:37, UK, Wednesday 04 May 2016.
Cold, damp weather in March and April reduced demand for clothing over the past six weeks, Next said. Though sales have improved in the past few days as weather has improved, the company said demand for clothes could stay weak.
Housing analysts have slammed a 100% mortgage launched by Barclays as "crackers", saying the first mortgage since the crisis not to require a deposit will help people buy property they can't afford.