The Prudential Regulation Authority says the UK's top banks and building societies need to fill a £27.1bn hole in their balance sheets.
Pixmania woes hit Dixons results
Dixons Retail reports a rise in sales, but costs incurred at its troubled online outlet Pixmania mean it reports a loss for the past year.
Eurotunnel accused of overcharging
Brussels says passengers going through the Channel Tunnel are paying over the odds, because Eurotunnel is overcharging the train companies for using the track.
Article written by Robert Peston
Robert Peston
Business editor
4 hours ago
Nationwide and Barclays are being forced by regulators to either shrink their lending or raise new capital, to hit new leverage ratios. This may be seen as perverse because both have been unusual in supporting economic recovery by increasing net lending.
Last Updated at 07:34 ET
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| Nasdaq | 3443.20 | Down | -38.98 | -1.12% |
| S&P 500 | 1628.93 | Down | -22.88 | -1.39% |
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| BBC Global 30 | 6690.92 | Down | -57.16 | -0.85% |
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