Ofgem said its latest action included opening compliance cases against three challengers to the so-called "Big Six".

Goldman Sachs - the Wall Street investment bank - is in search of new revenue streams through its Marcus digital banking brand, which was first launched in the US two years ago.

The success of that business would not have been made possible without the vision and guts of Rupert Murdoch, chairman of 21st Century Fox, which this afternoon agreed to sell its 39% shareholding in Sky to the US cable giant.

Sky News has learnt that Halfords, which is listed on the London stock market, was among a number of parties which tabled indicative offers for Evans earlier this week.

A report from the Bank points to potential problems ranging from floods and storms hitting home loan borrowers to companies whose business models are disrupted by the shift to a low-carbon future.

One of her earliest acts as Prime Minister was to dismantle the business advisory panel put in place by her predecessor, David Cameron, which had included the bosses of some of Britain's biggest companies.

The chancellor said he would reveal the government's spending plans for next year on 29 October - exactly five months before Britain is due to leave the EU.

The announcement comes four days after the two US giants went head-to-head in a dramatic shoot-out to take control of Sky, overseen by the Takeover Panel.

Ofcom said it was to consult on a series of options aimed at ensuring charges are fair and clear.