Barclays (BARC) to cut chief executive’s pension allowance. Bank falls into line with other big UK lenders as investors apply pressure
Lombard – British American Tobacco (BATS) tobacco strength buys some time in smoking’s decline. Margins are healthy but products meant to take cigarettes’ place are not growing fast enough
Royal Bank of Scotland Group (RBS) launches Bó as rival to digital bank start-ups. Established lender spends £100m developing response to rapid growth of challengers
Thomas Cook collapse hits profits at On The Beach Group (OTB). Online travel agent struggles to contain impact of UK holiday company’s demise
Lloyds Banking Group (LLOY) to cut chief executive’s pay by £220,000. Pension reduction comes as bank offers £20m boost for rest of staff