Barclays, HSBC, Lloyds and RBS will award close to �5bn in bonuses in the coming weeks, Sky News can exclusively reveal. 16:51, UK, Friday 12 February 2016.
George Osborne's plans to hike stamp duty for buy-to-let landlords risk causing economic damage, a Commons committee warns. 18:30, UK, Friday 12 February 2016.
Aldi has warned its supermarket rivals that they will not be able to match it on price after pledging a new wave of cuts. The discount supermarket was reponding to recent moves on price by its larger competitors.
Warren East, CEO of Rolls-Royce, with a Pegasus jet engine. Photograph: Toby Melville/Reuters. Graham Ruddick and Julia Kollewe. Friday 12 February 2016 12.56 EST Last modified on Friday 12 February 2016 14.11 EST.
The FTSE 100 has fought back strongly after sinking to its lowest levels since July 2012 - helped by an improving oil price, the US economy, and reassurance over the banking sector.