Bank of England governor Mark Carney says the rule would apply if, as expected, an independent Scotland joined the EU. Photograph: PA.
17.30 (CLOSE): Sports Direct extended its strong run on the stock market today after confirming details of a bonus scheme that could see its founder land a shares windfall worth up to �65million.
... Stocks. * Watchdog will decide whether to launch full probe later in year. * OFT says SMEs may not be getting best deal from banks.
LONDON (Reuters) - Lloyds Banking Group (LLOY.L) said on Tuesday it would cap the pensions of around 35,000 employees in a move that will boost income by 1 billion pounds ($1.66 billion) but risks a backlash from disgruntled employees.
LONDON (Reuters) - Britain's financial watchdog is proposing to crack down on the billion-pound market for "add on" insurance that people often buy unknowingly when they purchase items such as a car or a holiday.