TSB's chief executive, Paul Pester has rejected suggestions by MPs that the newly liberated bank may not be large enough to challenge the �big five�.
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.
The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big companies.
Shire PLC raised its earnings guidance again Friday after delivering record sales growth, demonstrating the attractive prospects of the Dublin-based drug maker after AbbVie Inc. pulled out of a $54 billion takeover of the company last week.
Oil prospectors were thumped yesterday after learning that Gatwick is not the new Texas. The Horse Hill exploration well two miles from the airport has electrified retail investors, with speculation that it could hold big reserves.