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Project Minerva also examined more radical options including raising capital for an acquisition

Plus, the UK’s Takeover Panel feels the dealmaking pain and an Austrian property mogul’s debts come back to bite

Boss of UK bank would have base salary slashed and total remuneration capped at £14mn

UK bank’s retail division also declined as benefits from higher interest rates wane

Investor interest in debt yielding about 9.6% comes after UBS received $36bn of demand last week

Students and staff are putting pressure on college bursars to find a greener bank

Chief executive also warns of ‘material’ cost cuts to come as part of a strategic review concluding early next year

Decision will spark further debate over political activism and funding for the arts

Disposal is latest sign that UK supermarkets are unwinding a previous push into financial services