KPMG and the financial regulator have been criticised in a report by MPs into Co-op Bank's failed bid to buy 632 Lloyds branches last year.
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.
IT'S DAY 53 for Dave Lewis as chief executive of Tesco. Ordinarily, that might be a time for a new boss to pause for breath, but the firefighting engulfing him since his arrival looks like the first act of a much longer-term drama.
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.
EMERGING expectations that the first rise in UK base rates could be further away than had been thought, amid signs that economic growth is weakening, have been reinforced by minutes of the latest meeting of the Monetary Policy Committee.