City hopes of an early a sell-off of the taxpayer's stake in Royal Bank of Scotland were dealt a massive blow today as its finance director, Nathan Bostock, was poached by rival Santander UK.
Britons are spending 7 per cent less each week than before the financial crisis, including a fifth less on transport, as they adapt their lifestyles to lower wages and higher rents and energy costs.
FirstGroup has rebuffed a call from an activist for a break-up that would see the British bus and rail operator sell-off its US divisions.
A supermarket boss says he wants to "educate" shoppers to realise wonky carrots or marked apples can be "perfectly good food".
Tesco Bank is to create 300 new jobs in Scotland as it prepares to launch a current account next year. The positions will be filled in Glasgow and Edinburgh and will form part of a new team responsible for serving current account customers in 2014.