NEWLY-listed bank TSB yesterday said it had the armoury to challenge its bigger rivals as customers flocking into its branches lifted profits.
Tesco shares fell to their lowest level in more than 11 years on Friday after the retailer's credit rating was downgraded and news emerged that an institutional shareholder had sold off his stake.
Monarch Airlines will cut pay of up to 30% of staff and make hundreds of redundancies as part of a �125m rescue deal with investment firm Greybull Capital.
Britain's number two and three drugmakers burnished their strength as independent companies on Friday when Shire reported record quarterly results and AstraZeneca won backing for an important new cancer drug.
Deutsche Bank says it is cooperating with authorities probing allegations of interest-rate and currency-rate manipulation. Bloomberg News.