The Financial Conduct Authority told the firm that a 'full investigation' had been launched after details emerged last week, amid claims it 'cooked the books' to hide a slump in profits.
The next interest-rate rise looked a more-distant prospect today as the latest snapshot of manufacturing showed activity falling to a 17-month low in September.
I'm Political Economy editor at Forbes, editor of RealClearMarkets.com, plus a senior economic advisor to Toreador Research & Trading.
The Bank of England has eased its curb on mortgage lending after data revealed that UK house prices, and approvals, fell for the first time in 16 months.
Songbird Estates has agreed to sell one of its Canary Wharf buildings, 50 Bank Street, for �153.5m to a prominent Hong Kong family, the latest deal in a growing trend of Asian investment in the capital's commercial property market.