THERE have only been six chairmen of the Tata Group since it was founded in 1868. There will soon be a seventh after Cyrus Mistry, the first boss of the conglomerate not connected to the founding family, was ousted after less than four years in charge.
The Big Bang the culmination of a series of niche technical reforms to the rules governing London's financial markets, but its effect was transformative.
The Bank of England has admitted it is concerned that tough capital requirements and rock bottom interest rates are making it increasingly difficult for lenders to make money.
The financial watchdog will investigate whether it should train its focus on the plight of consumers amid a backdrop of soaring compensation claims for mis-sold products.
RBS will set aside more money to settle claims brought by investors over its ill-fated �12bn rights issue, Sky News learns. 19:39, UK, Wednesday 26 October 2016.