The Co-operative Bank has confirmed that it will bid for a slice of the Royal Bank of Scotland’s £775 million fund which is aimed at increasing competition in Britain’s banking sector.
Shares in Government contractor Interserve have plummeted after the firm said shareholders are likely to see their stakes diluted as part of a plan to cut its debt.
The number of visits to town centres and shopping hubs in November dropped at the fastest rate since the recession, new figures suggest.
Former Nissan chairman Carlos Ghosn, another executive and the carmaker itself have been charged by prosecutors in Tokyo with under-reporting income.
Hollywood Bowl has made record profits and revenues this year, and is plotting a string of new openings, the company said.
A Perthshire water supplier has cemented its reputation as one of Scotland’s most exciting companies after booking a near 25-fold increase in annual sales to almost £440 million.
Royal Bank of Scotland has launched an investigation into bullying following claims from a whistleblower that harassment is rife at the state-backed lender.
Hundreds of Thames Water staff are walking the streets at night, listening for leaks, as the utility giant battles to make repairs after a year of extreme weather wreaked havoc.
Superdry is expected to report subdued profits on Wednesday amid warm weather conditions, while its founder plots a return to the business.
Top-flight stocks in London were boosted by rising oil prices in Friday trading, but observers said a recovery could not make up for the “dreadful” week on the markets.