The Bank of England is expected to unveil on Wednesday a plan which may see rule-breaking bankers return bonuses up to seven years after being awarded them, the BBC understands.
Attempts to defuse public anger over energy bosses' pay by appointing a new, cheaper, chief executive at British Gas were widely criticised yesterday.
Shares in Twitter jumped as much as 34 per cent in after-hours trading in New York after the messaging platform beat analysts' earnings expectations and reported accelerated user growth in the second quarter.
Sky Deutschland AG (SKYD)'s second-largest shareholder said that British Sky Broadcasting Group Plc (BSY)'s offer to buy out investors is too low and it won't sell without a premium.
The mechanisms allowing a country to restructure its sovereign debt should be "reviewed" if Argentina defaults, IMF chief Christine Lagarde has said.