SCOTTISH banker Niall Booker has extended his contract with the Co-operative Bank to oversee the next two years of its turnaround which will involve further job cuts and branch closures.
... * FTSE 100 down 0.2 pct, extending retreat off record highs. * FTSE on track for 2 pct weekly fall. * Falls in iron ore hit mining stocks.
The deputy governor of the Bank of England has struck a defiant note on the danger that Britain may fall into a sustained period of deflation, saying this risk remains relatively contained.
House prices are up 5.1 per cent on a year ago, a report has revealed - but growth is still slowing and some areas are even in decline.
The Treasury Select Committee (TSC) described the FCA's briefing of a Daily Telegraph journalist about its review of the life insurance market ahead of publication as a �serious error� which sent the price of shares in a number of insurance companies ...