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City hopes of an early a sell-off of the taxpayer’s stake in Royal Bank of Scotland were dealt a massive blow today as its finance director, Nathan Bostock, was poached by rival Santander UK.

Pym to be chair of Northern Rock bad bank

Richard Pym has been appointed as chairman of Northern Rock's "bad bank". He was chief executive of Alliance & Leicester between 2002 and 2007 and is chairman of Bradford & Bingley, another nationalised bank.

The bank charges ruling explained

What did the Supreme Court rule?

Civil servants will lead hunt to find new chairman for nationalised bank agency

The Treasury is carrying out its own search to find the new chairman for UKFI, the government agency which overseas the shareholdings in the UK's banks, Royal Bank of Scotland and Lloyds Banking Group.

£325bn: Taxpayers' exposure to RBS losses

The Government agreed yesterday to inject up to £25.5bn of extra capital into Royal Bank of Scotland as part of its plan to insure the stricken banking giant against future losses.

Abbey National profits up by a fifth

Spanish-owned Abbey National provided some rare good news in the embattled banking sector today as it said annual pre-tax profits lifted by more than a fifth to £991 million.

RBS set to admit massive losses on toxic investments

Lloyds reluctant to give state a majority holding

Brian Viner: 'What, some might ask, is so awful about filling in forms? Where do I start...'

Home And Away: "The forms, the forms!" I wailed, in the manner of Charles Laughton in The Hunchback of Notre Dame

Pandora: Murdoch matriarch's sideswipe at Wendi

Rupert Murdoch's 99-year-old mother, Dame Elisabeth, might strike you as a harmless old dear, but that hasn't stopped her from planting a right hook on her icy daughter-in-law Wendi Deng.

Questions of Cash: 'I got stung by the B&B rescue. Can I sue?'

Q. I am one of many Bradford & Bingley shareholders who have lost out through the company's nationalisation. I received 250 free shares, and when asked to contribute to the rights issue paid nearly £200, only to see it wiped out in the nationalisation two months later. I am unhappy with the behaviour of the directors and auditors responsible for the rights issue. The rights issue was made on the basis that the company was a going concern. But it now seems it was not a going concern at the date of the rights issue. The public does not have the same access to information as the directors and auditors, and we could not make a reasonable judgement on the value of the shares. Do shareholders have a valid claim against the directors and auditors? CM, by email.

Santander shares slip as it announces €7.2bn rights issue

Santander, the Spanish bank that owns Abbey National, Alliance & Leicester and Bradford & Bingley's British savings business, bowed to economic pressure yesterday and announced a €7.2bn (£5.9bn) rights issue.

Terence Blacker: Driven to despair as I wander in the seventh circle of call-centre hell

They are usually polite. They introduce themselves by their first names, and address you by yours. They assure you at every opportunity that they are there to help you. Then they take you into a nightmare world where all normal standards of behaviour are reversed and nothing is quite what it seems.

Alan Watkins: Brown's control of the crisis is illusory

The Prime Minister has run an effective PR campaign, but he has little real idea of how to regulate the banks

Barclaycard finded £50,000 for silent calls

Ofcom today fined Barclaycard £50,000 for breaching rules on silent and abandoned calls, the regulator announced.

Santander fury about deal to secure Lloyds 'HBOS takeover

Banco Santander, the owner of Abbey, is said to be furious about the Government's decision to waive competition rules for Lloyds TSB's £12bn takeover of Halifax Bank of Scotland. Spain's biggest bank has agreed to buy Alliance & Leicester but would have considered a bid for HBOS instead if it had known the deal might be allowed.

RBS appoints heavyweight bankers to appease critics

Royal Bank of Scotland's appointment of three banking heavyweights to its non-executive board looks to have appeased critics angered by the bank's losses this year. Some analysts have warned, however, that it is only one step in the right direction.

Arts and Entertainment
Benedict Cumberbatch has refused to deny his involvement in the upcoming new Star Wars film
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Russell Brand has written a book of political analysis called Revolution
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Britain First criticised for using actress's memory to draw attention to their 'hate-filled home page'

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JK Rowling is releasing a new Harry Potter story about Dolores Umbridge
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Emergency call 'started off dumb, but got pretty serious'

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On The Apprentice, “serious” left the room many moons ago and yet still we watch
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Greatest mystery about the hit BBC1 show is how it continues to be made at all, writes Grace Dent

Voices
Hunted: A stag lies dead on Jura, where David Cameron holidays and has himself stalked deer
voicesThe Scotland I know is becoming a playground for the rich
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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker