Holiday firm Thomas Cook is to buy out its travel agency partner in a move that will see the Co-operative Travel brand almost entirely disappear from the high street.
Labour has accused the Government of putting the nation's railways on the "slippery slope back to the bad old days of Railtrack" with plans to shake up who is in charge of rail infrastructure.
17.20 (close): Financial stocks led the charge on the London market as concerns eased over the state of Italy's beleaguered banking industry.
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Plans by the European Commission to toughen EU oversight of foreign banks are protectionist and anti-competitive, Philip Hammond has said, reflecting fears in London that UK lenders will be caught up by the measures after Brexit.