The Bank of England's Governor has warned an independent Scotland would be forced to promise to replace the pound with the euro if it wanted European Union membership.
17.30 (CLOSE): Sports Direct extended its strong run on the stock market today after confirming details of a bonus scheme that could see its founder land a shares windfall worth up to �65million.
LONDON (Reuters) - Lloyds Banking Group (LLOY.L) said on Tuesday it would cap the pensions of around 35,000 employees in a move that will boost income by 1 billion pounds but risks a backlash from disgruntled employees.
... Stocks. * Watchdog will decide whether to launch full probe later in year. * OFT says SMEs may not be getting best deal from banks.
... �. * UK watchdog says clear case for intervention. * UK customers potentially overcharged by 200 mln pounds. * Industry body ABI says regulatory solution too broad.