Shares in HBOS plummeted Thursday, after the UK's biggest mortgage lender said it is facing another one billion pound writedown in the first half of the year. Simon Maughan from MF Global has more.
In June CNBC launched a competition to find a green start-up business and had over 200 entries from all over Europe. Philippa Malmgren, president of Principalis Asset Management, considers the final three projects.
UK banking regulations were under the spotlight again Thursday as proposals from city expert Sir David Walker were formally reviewed. Jon Dymond, director of Hay Group, has analysis of the proposals.