TSB (LON:TSB) said it is attracting customers at a faster rate than it had hoped. One-in-ten people switching accounts went with the newly independent bank.
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.
A decade ago Tesco was an investor's delight, with a share price shooting up more than 70% between 2004 and 2007, and healthy dividend payments.
The chief executive of Shire plc, which has major operations in Massachusetts, said Friday that his company's prospects remain bright despite the recent collapse of a $55 billion merger with another biopharmaceutical company.
Just as 'last orders' were being called, Irish drinks firm C&C (LON:CCR) has entered the bid battle for the Spirit Pub Company (LON:SPRT).