The Financial Conduct Authority (FCA) has been grilled by MPs over its decision to approve the appointment of Paul Flowers to chair the Co-operative bank back in 2010.
At a hearing today, the Treasury Select Committee questioned the regulator's decision to approve Flowers' role at the lender, which was rescued last year after running up a £1.5bn capital shortfall. ...
Blue chips up 2% as PM Cameron heads to Brussels
Old Mutual also considering new renumeration package for directors
Follows John Stewart's retirement
Predicts 'abrupt slowdown'
Concerns about 'wider constitutional issues'