As the power supplier announced a 5.6pc rise in annual profits to �1.4bn, Ian Marchant lashed out at critics in Westminster and said that the company suffered because of the �big numbers� in its results.
U.S. stocks slid, dragging benchmark indexes to their worst drop in three weeks, and Treasuries and gold tumbled on concern the Federal Reserve will scale back stimulus efforts if the labor market improves.
Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.
The British government holds an 81 percent stake in the Royal Bank of Scotland. Toby Melville/ReutersThe British government holds an 81 percent stake in the Royal Bank of Scotland.
Wm Morrison was under pressure on word that a large, unidentified, investor had offloaded a �288m stake in the supermarket group, less than a week after the company agreed its controversial tie-up with online grocer Ocado to kick-start its internet ...