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Members of the struggling utility's remuneration committee will meet next week to decide whether to proceed with nearly £2.5m in retention payments to 21 senior managers, Sky News learns.

John Giannandrea, the current senior vice president for machine Learning and AI strategy, will be replaced by former Microsoft AI executive Amar Subramanya.

The Bank, which had come under pressure from government to help support bank lending, trims its limit on the funds they must hold in reserve while also warning of greater risks in the financial system.

The details are a bit complex but ultimately this all comes back to a rather simple question: Why did the government raise taxes in last week's budget?

The company has suspended new bookings after 31 December after launching a formal consultation with employees over its closure.

A reader got in touch with the Money team after being threatened with debt collectors over a parking ticket she received while shopping. Here we set out the action she can take.

One of the world's largest property investors is considering withdrawing its interest in the London-listed company ahead of a December 8 deadline imposed by the Takeover Panel, Sky News learns.

The criminal investigation into the scandal, in which hundreds of postmasters were wrongfully convicted of theft and false accounting via the Horizon software, has been expanded to include more "persons of interest".

The US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products.

The lender run by Paul Thwaite is acquiring a minority shareholding in a London-based start-up established last year which aims to unblock cashflow challenges for SMEs, Sky News understands.