Lloyds expected to cut 9,000 jobs
Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.
KPMG and FSA criticised over Co-op
KPMG and financial regulators have been criticised in a report by MPs into Co-op Bank's failed bid to buy 632 Lloyds branches last year.
US airbag recall expands to 7.8m cars
US car safety regulators expand a recall of vehicles with potentially dangerous Takata airbags to 7.8 million, warning that owners should take 'immediate action'.
Glaxo shares up as profits beat hopes
GlaxoSmithKline's shares rose 4% after its third quarter results beat expectations and it pledged to return an additional £4bn to shareholders via a special share scheme.
Universal credit 'in place by 2018'
Most benefit claimants will have transferred onto the government's universal credit scheme by the end of 2018, Work and Pensions Secretary Iain Duncan Smith predicts.
Online banking glitch at Nationwide
The UK's largest building society - the Nationwide - had a temporary technical problem with its online and mobile banking service on Tuesday afternoon.