The Bank of England has caved in to demands to loosen the terms of its emergency lending facility in the hope of securing a more orderly sale. By Simon Bowers and Phillip Inman.
IT services firm LogicaCMG has poached BT's head of strategy, Andy Green, to be its new chief executive with a £3.5m golden hello and a £200,000 increase in his salary. By Richard Wray.
Closing market report: A billion pound bid, a deal between two major brewers and a U-turn over Northern Rock kept traders busy today. By Nick Fletcher.
SABMiller, one of the world's biggest brewers, is to merge its US operations with Molson Coors, creating a powerful competitor to Budweiser-maker Anheuser-Busch. By Simon Bowers.
The strike that has disrupted postal services is set to escalate after talks break down, possibly igniting Britain's most serious industrial dispute for 20 years.