Royal Bank of Scotland executives have been accused of being �wilfully obtuse� with a Parliamentary committee over whether its controversial Global Restructuring Group was run as an �internal profit centre� for the bank.
More than two thirds - 67% - of all new complaints to the Financial Ombudsman Service (FOS) were about payment protection insurance (PPI), according to its latest complaints figures.
Credit Suisse reported its biggest-ever quarterly loss yesterday after it pleaded guilty and paid $2.6bn (�1.5bn) to the US Department of Justice over aiding tax evasion in May.
The food group Premier Foods is pinning its hopes of a turnaround on a relaunch of its Mr Kipling cake brand and the return of its Homepride Fred character after its half-yearly pre-tax losses more than tripled from �15.7m to �54.9m.
A Pro-Russian rebel stands near the burnt Ukrainian army tank on the outskirts of Donetsk. Geopolitical concerns are worrying UK firms.