Antonio Horta-Osario, the chief executive of Lloyds Banking, issued an apology to the bank's 75,000 staff after allegations about his private life led to doubts about his commitment to the high street bank.
Mining shares are leading the market lower, with Glencore under pressure after a sharp drop in first half profits. The company reported a 13% drop in underlying profits to $4bn, but said its disposal programme was on track.
AstraZeneca today announced that it has entered into an agreement with Pfizer Inc. to sell the commercialisation and development rights to its late-stage small molecule antibiotics business in most markets globally outside the US*.
WPP shares jumped more than 5 per cent to a record high after the world's biggest advertising group reported strong growth in the first half of 2016 and shrugged off the effects of a vote to leave Europe in its home market in the UK.
LONDON, Aug 23 (Reuters) - Issuance of sterling-denominated UK corporate bonds has risen nearly 15-fold ahead of the Bank of England including them in its bond-buying stimulus programme designed to stave off a Brexit-led economic slowdown, ...