State-backed bank Royal Bank of Scotland (RBS) has said an error meant it only just passed a European stress test of its balance sheet.
President of the European Central Bank, Mario Draghi, speaks during the European Banking Congress in Frankfurt/Main, Germany. Zuma Press.
George Osborne is facing a �16 billion black hole in the public finances as the final set of official figures before the Autumn Statement showed the Chancellor still on course to bust his official borrowing targets.
Scotland's marine energy hopes suffered a blow with the announcement on Friday that wave power pioneer Pelamis is to be put into administration.
Tesco cut its spending on TV and press advertising by nearly two-thirds in October, putting it well behind Asda, Aldi and Lidl, which launched their Christmas campaigns last month.