Shares in Sports Direct fell 8 per cent in morning trading after growth slowed and the sports retailer became embroiled in a high street price war with rivals and a spat with Adidas over Chelsea's football kit.
LONDON (Reuters) - Britain's troubled Co-operative Group named ex-Treasury minister Paul Myners to its board on Thursday on a token salary of just one pound to help review the running of the customer-owned retail-to-funerals operator.
Lloyds Banking Group has been fined �28m for "serious failings" in relation to bonus schemes for sales staff. The Financial Conduct Authority said it was the largest fine that it or the former Financial Services Authority had imposed for retail conduct failings.
Ulster Bank has said an overnight payment system problem that delayed customers receiving euro payments has been resolved. The bank said it was caused after some "inward credit transfers" were delayed through their payment system.
A specialist food crime unit should be set up to investigate and prosecute cases of fraud following the horsemeat scandal, according to an official inquiry.