The Government has ordered a full investigation into the conduct of former directors in relation to the collapse of BHS. Business Secretary Sajid Javid announced the inquiry in the House of Commons during regular Business Questions.
LONDON/HONG KONG HSBC (HSBA.L) (0005.HK) stuck to its promise of higher dividends on Tuesday after a 14 percent profit drop fuelled doubts among some investors about the bank's ability to increase payouts.
LONDON Business Secretary Sajid Javid has postponed a major trade visit to Iran to focus on the future of Britain's steel industry, a spokesman from the business department said on Tuesday, as the government tries to save thousands of steelworkers' jobs.
Deutsche Lufthansa AG said passenger fares are set to erode further this year as it grapples with unions over a restructuring of European operations aimed at stemming the flow of customers to discount rivals.
The executive who led a bid to buy Williams & Glyn in 2013 tells Sky News RBS's board "must rue the day" it turned down his offer.