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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US-backed rebel fighters say they have taken control of a key airbase near the so-called Islamic State's stronghold of Raqqa.
A primary school has taken action after pupils brought in an variety of "worrying" packed lunches - including a two-day-old McDonalds.
A 30-year-old man was arrested in Birmingham on Sunday on suspicion of preparing terrorist acts.