The Government has ordered a full investigation into the conduct of former directors in relation to the collapse of BHS. Business Secretary Sajid Javid announced the inquiry in the House of Commons during regular Business Questions.
LONDON/HONG KONG HSBC (HSBA.L) (0005.HK) stuck to its promise of higher dividends on Tuesday after a 14 percent profit drop fuelled doubts among some investors about the bank's ability to increase payouts.
Deutsche Lufthansa AG said passenger fares are set to erode further this year as it grapples with unions over a restructuring of European operations aimed at stemming the flow of customers to discount rivals.
Royal Bank of Scotland Group (LON:RBS) plans to drop the RBS label from about 500 branches in England, Scotland and Wales as it looks to distance itself from its turbulent past, the Financial Times has reported.
Most of the main political parties in Wales have voiced support for a management buyout of Tata Steel's UK plants, apart from the Conservatives.