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Royal Mail chief executive Moya Greene will step down in September

Moya Greene will retire as Royal Mail chief executive in September 2018, after more than eight years at the helm. Rico Back will become the new group chief executive joins the board at the beginning of June, following the announcement of the group's results. Greene will step down from the board on 19 July, the date of the firm's annual general meeting, and
Money

Barclays boss Jes Staley fined for whistleblower scandal

Barclays boss Jes Staley will pay a fine after an investigation into his attempts to identify a whistleblower, but has escaped further sanctions. The group announced this morning that the FCA and PRA hace concluded their investigations into his actions and have clarified that they "are not alleging that he acted with a lack of integrity or that he lacks fitness and
Money

UK in for more scorching sun after hottest April day since 1949

The UK is in for another few days of sunny weather and soaring temperatures, the Met Office said today. Temperatures in London are expected to reach highs of up to 28 degrees after yesterday neared an all-time April high. The 29.1 degrees reached in St James's Park in London was the hottest temperature for an April day since 1949. The Met Office's latest
Money

Mapped: House prices along the London Marathon route

With runners gearing up for what could be the hottest London Marathon on record, one property marketplace has compiled a map showing average property prices along the 26.2 mile route. The House Shop used its data to compile the map, which found the most expensive spectator spot is Embankment where the average house price is £1.6m, followed by St James's Park (which
Money

Wells Fargo about to be stung with $1bn fine for loan abuses

Wall Street bank Wells Fargo is on the cusp of being fined $1bn (£700m) for its role in a scandal that saw mortgage borrowers charged unfair fees and customers forced into taking our insurance unnecessarily. A number of US media outlets including CNN and the New York Times said the massive US lender could be fined as early as Friday by the consumer financial protection