Royal Bank of Scotland suffered yet another setback last night in the form of $100 million fine in the United States, after a day struggling to allay investors' concerns about the surprise resignation of its finance director after only ten weeks in the job.
Royal Mail, the newly-privatised postal service, will be joining the FTSE 100 index of blue-chip companies. The company's share price has surged more than 80% since its first day of public trading on 15 October, giving it a market capitalisation of nearly �6bn.
A key Bank of England policymaker has broken ranks with governor Mark Carney by expressing doubts about the effectiveness of its flagship low-interest rate policy on encouraging growth.
Asda chief executive Andy Clarke is looking to launch an own-brand tablet to rival Tesco's Hudl as he signalled last week's day of discounts known as 'Black Friday' would return next year.
Monarch is buying the new short-haul planes as part of a turnaround programme it began two years ago to help it compete with no-frills carriers.