Euan Sutherland: said one or more directors were “determined to undermine me personally” as Co-operative Group chief executive. Photograph: Reuters/Luke MacGregor

Euan Sutherland’s brief reign at the Co-operative Group has been little short of a disaster for the 170-year-old mutual organisation. Br(...)

Antony Jenkins, chief executive officer of Barclays. Photograph: Chris Ratcliffe/Bloomberg

Attempts by Barclays chief executive Antony Jenkins to clean up his bank’s image faced a serious setback yesterday amid criticism of (...)

A resumption of dividend payments would make the bank’s shares more attractive to investors and help to smooth government efforts to sell its remaining 33 per cent stake. Photograph:   Peter Macdiarmid

Lloyds Banking Group dashed investors’ hopes of receiving a dividend for 2013 after it took a further £1.8 billion ($3 billion) mis-selling charge tha(...)

As yet another investigation is launched into the plight of the Co-operative Bank, a new round of the blame game was played out in Westminster yesterday. Photograph: Bloomberg

They are known as the “boomerang generation” – because they keep coming back home. Latest government statistics show a record 3.35 million 20-34 year (...)

The disgrace of Paul Flowers (63), who was filmed handing over £300, allegedly to pay for cocaine and crystal meth, is a personal tragedy for the Methodist minister

He has been dubbed the “crystal Methodist” by the tabloids but there’s precious little to laugh at in the sordid story of the former Co-operative Bank(...)

The UK’s new “Help-to-Buy” programme will allow people to buy a home costing as much as £600,000 pounds (€709,000) with a deposit of as little as 5 per cent.

UK Chancellor of the Exchequer George Osborne began the second phase of his mortgage-boosting plan as concerns persist that it will fuel a property bu(...)

Incoming Bank of England governor Mark Carney may not have the immediate tools at hand to provide a monetary stimulus even if he wants to. Photographer: Gianluca Colla/Bloomberg

Mark Carney’s arrival at the Bank of England this morning is as much of an event at Westminster as it is two miles away in the City; few appointments (...)

Britain’s Chancellor of the Exchequer George Osborne walks to an appointment on the Strand in central London yesterday. Photograph: Stefan Wermuth/Reuters.

Bankers will be jailed if they recklessly endanger banks that end up having to be bailed out by the taxpayer, British prime minister David Cameron has(...)

Royal Bank of Scotland: chairman Sir Philip Hampton has said the bank would be ready for privatisation next year. Photograph: David Moir/Reuters

The idea of splitting Royal Bank of Scotland into a “good bank” – ripe for reprivatisation – and a state-run “bad bank” holding RBS’s toxic assets ha(...)

Former HBOS chief executive Sir James Crosby

Sir James Crosby must be given some credit for volunteering to forgo a chunk of his lucrative HBOS pension and, in an unprecedented move yesterday,(...)