The head of the Co-operative Group Peter Marks has said that "banking has become very difficult" in the UK and that economic growth is too poor to expect a profit.
He told ITV News' Economics Editor Richard Edgar that the Co-op remains committed to its banking operation but that he sees no point in expanding with interest rates likely to stay so low.
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It will be a wet Friday for most of us as a band of rain sweeps across the UK and weather warnings have been issued in Scotland.
A Labour MP has angered Ed Miliband after she tweeted a picture of a house draped with England flags with the words "Image from Rochester."
Speaking exclusively to ITV News, the man said he wanted to be able to return to the UK without the threat of prosecution.