The Banking Standard Board aims to restore trust in the scandal hit UK banking sector. Photograph: Network Photographers/Alamy. Angela Monaghan.
... * Blue-chip FTSE 100 index up 0.2 percent. * Marks & Spencer leads after update. * Airlines under pressure from oil prices.
(ASC) may have delivered double-digit sales growth in the first six months of the year, but pre-tax profit slumped 10 per cent to �18m because the online fashion retailer slashed prices and pumped money into its warehousing capacity.
LONDON, April 2 (Reuters) - Diageo, the world's largest spirits maker, said on Thursday it had agreed to acquire control of United National Breweries beer business in South Africa, buying the remaining 50 percent stake it did not already own.
A group of British exploration companies have discovered oil and gas in an offshore area north of the Falkland Islands, which could raise tensions with Argentina over their disputed ownership.