Diane Abbott: something doesn’t add up. Photograph: Hannah McKay/Reuters

Last week Diane Abbott showed on live radio that she could not do simple division, did not understand place value and was an all-round dunce at maths.(...)

Prince Harry gives a speech at the Virgin Money headquarters in Newcastle during the ‘Heads Together’ charity day.  Photograph: Scott Heppell/PA Wire.

The head of British bank Virgin Money said on Tuesday it would look at buying assets from Co-operative Bank, which is up for sale, after Virgin Money’(...)

Co-op Bank nearly folded in 2013 with a £1.5 billion hole in its capital after losses from problem real-estate loans. It was rescued by bondholders

Britain’s Co-operative Bank, rescued from the brink of collapse by a group of hedge funds in 2013, has put itself up for sale as it seeks to build up (...)

Mark Carney, governor of the Bank of England, pauses during a news conference . Photographer: Chris Ratcliffe/Bloomberg

Royal Bank of Scotland and Lloyds barely passed stress tests set by the Bank of England, which said their capital at the end of last year fell short(...)

Paul Flowers, former chairman of Co-Operative Bank Plc, center, arrives at Leeds Magistrates Court in Leeds, UK, this morning. Flowers, the former chairman of Co-Operative Bank, appeared at court charged with possession of cocaine, crystal meth and ketamine, almost a month after the lender said it would post a full-year loss of as much as £1.3 billion pounds. Photograph: Paul Thomas/Bloomberg

Paul Flowers, the former chairman of Co-Operative Bank Plc, was fined £525 pounds after pleading guilty to possession of cocaine, crystal meth and ke(...)

The Co-Operative Bank said its restructuring will be the first successful consensual creditor bank bail-in in the UK, without taxpayer support. Photograph: John Stillwell/PA Wire

Co-Operative Group, the 150- year-old British mutual, will cut a “significant” number of jobs at its banking unit as it cedes control of the division (...)