Royal Mail workers will get a three-year pay rise worth about 9% under a �landmark� agreement that will avoid a pre-Christmas strike.
The Scottish government and nationalists have scrambled to counter suggestions that independence would lead to higher supermarket prices, amid increasingly fierce debate about the implications of quitting the UK.
Lloyds announced on Monday plans to offload its remaining stake in well-heeled financial adviser St James's Place. The state backed lender said it would sell its 21 per cent holding of 109million shares, marking another milestone on the road to recovery.
HSBC has played down speculation it is looking to float its UK arm on the stock market to combat tough new regulations. Reports that the bank has sounded out investors about the move set tongues wagging in the City on Monday.
Oil explorer lines up new directors in a move that could breach terms of a deal struck with investors, Sky News understands. 3:49pm UK, Monday 09 December 2013.