Britain's Co-operative Bank said it would not need to raise capital after failing a Bank of England stress test. Co-op Bank, which nearly collapsed last year and fell under the control of bondholders, said its core capital fell to -2.6 percent in the test, compared to a 4.5 percent pass mark.
When word of an EU ban on high-power vacuum cleaners hit Eurosceptic British tabloids in August, "Hoovergate" brought home a dilemma for the bloc that goes well beyond house-proud devotees of deep-pile English carpet.
British broadcasters including the BBC and ITV could be allowed to charge cable and satellite pay-TV companies for carrying their channels, the media regulator said on Monday, potentially pointing to a major funding change in the sector.
The first thing one sees on entering Guerlain's perfume shop in Paris' Champs Elysees is the French brand's exclusive collection - Les Parisiennes - which costs 200 euros ($250) a bottle and is sold only in a few dozen shops around the world.
