Royal Bank of Scotland has been cleared of deliberately putting SME customers in financial distress out of business for its own profit in a report commissioned by the state-backed lender.
Mulberry has announced a dramatic U-turn, promising to cut the prices of its high-end handbags as the luxury leather brand issued its fourth profit warning in two years.
... �. * FTSE 100 down 0.1 pct. * Diageo falls after posting lower sales. * RSA buoyed by sale of Baltics, Poland operations. * London stock market closed on Friday and Monday.
Volatility in a number of key emerging markets, including China, Russia and Kenya, is causing a major headache for Diageo's new chief executive, Ivan Menezes, as the drinks giant reported a shock 1.3pc slide in third quarter sales.
Mr Flowers was arrested in November following newspaper allegations he was involved in a drug deal. He had stepped down from the Co-op six months earlier over concerns about his expenses.