Lloyds Banking Group and Royal Bank of Scotland could remain part-owned by the taxpayer for years to come after the stock market chaos caused by Brexit, experts have warned.
Oil giant Shell has said it will slash a further 2,200 jobs from its global workforce as it expects the oil price to remain "lower for longer".
The FTSE 100 rose 2% at the opening of trading on Tuesday, moving into positive territory for the first time since the Brexit vote.
Oil giant Shell is pushing ahead with plans to cut jobs and close offices in the wake of the plunging oil price and its takeover of BG Group.
Insurance market Lloyd's may be forced to move some of its business to continental Europe as a result of the vote to leave the EU, chairman John Nelson has warned.
Embattled oil giant BP posted more hefty losses in the first three months of the year, just two weeks after suffering an investor rebellion over its chief executive's pay deal.
The Bank of England will move to slash interest rates to zero within months as Britain grapples with the economic impact of Brexit, City experts have said.
The UK economy picked up pace in the run-up to the Brexit vote thanks to the strongest performance from industrial production since 1999.
A bank has announced plans for a new £500 million fund to support smaller businesses in Scotland and help plug current finance gaps.
The Government must shoulder part of the blame for the collapse of BHS after delaying a decision to review business rates in 2015, according to property experts.