Lloyds plans to cut around 9,000 jobs, roughly a tenth of its entire workforce, over the next three years as the taxpayer-backed bank's staff are replaced by digital technology.
Nobody emerges from the House of Commons Treasury Select Committee report into the crisis prompted by the Co-operative Bank's aborted purchase of more than 600 Lloyds bank branches with their reputation enhanced.
Facebook reignited the row over multinational tax avoidance last night after its UK accounts showed that it had paid no corporation tax in Britain for the second year in a row and that it had received a �182,000 credit from the taxman.
HOME Retail, Britain's biggest household goods retailer, plans to close a quarter of its Homebase stores in the next three years as it prioritises the development of its larger and more profitable Argos chain.
PHARMA giant GlaxoSmithKline (GSK) is considering floating its HIV drugs business in a move that would see Viiv Healthcare among the top 40 companies in the FTSE 100 with a market valuation of up to �17bn.