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Legal & General Group announced on Thursday that Mark Zinkula, chief executive officer of LGIM, had advised the board of his intention to retire from the company in August next year.
Greeting cards, dressings and gifts retailer Card Factory reported first quarter group sales growth of 3. 0% on Thursday, with like-for-like sales declining 0. 4% against what the board called “strong” comparatives and a tough retail environment.
The Financial Conduct Authority has fired a warning shot over the way banks charge for overdrafts, announcing measures intended to save consumers up to £140m a year and calling for fundamental reform of the sector.
