February 3, 2012
- The eurozone's service sector grows for the first time in four months, although Spain and Italy continue to struggle.
- Sir Philip Hampton: "Having Stephen Hester as the focal point of public concern about these things... was wrong."
- Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.
- Hungarian airline Malev ceases trading after 66 years after being ordered by the EU to repay state aid it has received.
- The chairman of 82% taxpayer-owned Royal Bank of Scotland (RBS) says banker pay has been "high for too long" and needs to be corrected.
