The Co-operative Bank has struck a �700m rescue deal with hedge funds in a move that will leave retail bondholders with less than half of their original investment.
Three high street coffee chains have launched investigations after faecal bacteria were found in ice at their stores, according to the BBC.
The euro fell sharply off a 2017 peak and eurozone sovereign bond yields cooled on Wednesday after senior figures at the European Central Bank signalled the market had misjudged remarks by Mario Draghi.
Mark Carney sought to clarify his position on interest rates on Wednesday, setting out his view that he would vote to tighten monetary policy if business investment begins to rise offsetting weaker consumption.
Annual house price growth in London dropped to 1.2% between April and June, Nationwide found. Photograph: Dominic Lipinski/PA. Housing market.