The Bank of England is due to unveil a plan which may see rule-breaking bankers return bonuses up to seven years after being awarded them, the BBC understands.
LONDON (Reuters) - Britain's biggest free-to-air commercial broadcaster ITV (ITV.L) posted a better-than-expected 11 percent rise in first-half adjusted earnings helped by the draw of the football World Cup at the end of the period.
Attempts to defuse public anger over energy bosses' pay by appointing a new, cheaper, chief executive at British Gas were widely criticised yesterday.
The banking giant reported pre-tax profits of �3.35bn, hit by an 18% fall in income at its investment banking business. Profits adjusted for exceptional items fell 7% compared with the first six months of last year.
Household energy bills should fall by �12 a year, under new plans to cap spending on Britain's power networks, regulator Ofgem has said.