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Bank customers may be charged for using cash machine that are currently free as lenders debate the future of the deal that allows access to all
Bank customers may be charged for using cash machine that are currently free as lenders debate the future of the deal that allows access to all
JUSTIN TALLIS/GETTY IMAGES

1 Bank customers face being charged to use thousands of cash machines which are currently free as lenders argue over the future of a deal that has allowed access to the ATM networks of rivals without having to pay.

2 The number of people moving home has fallen for the first time in five years as tougher mortgage regulations, soaring house prices and economic uncertainty around the Brexit vote impact the housing market, according to Lloyds Bank.

3 Theresa May has warned global business leaders that their companies must pay more in tax and less to their executives or face being caught by a surge in populism. Speaking at the World Economic Forum in Davos, the prime minister said that multinational companies could no longer afford to play “by a different set of rules to ordinary working people”.

4 The Investor Forum, one of the City’s most influential investor groups, whose members manage £14 trillion of assets, is set to intervene again at Rolls-Royce to help investors obtain answers about the jet engine maker getting away with decades of corruption and bribery.

5 Ofgem, the energy regulator, issued a warning to the Big Six suppliers against raising prices, saying that there was no “obvious reason” for them to increase standard tariffs.

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6 Sir Andrew Witty, chief executive of GlaxoSmithKline, still hopes that the European agency for approving new drugs can stay in London despite the government aiming for a hard Brexit. A growing number of EU states want to be the new home of the European Medicines Agency, the regulator for the single market.

7 Aviva announced the departure of its European boss after revamping its British operation. The insurer merged its UK life, general and health divisions, to increase focus on the needs of customers. David McMillan, chairman of Aviva Global Heath Insurance and chief executive of Aviva Europe, has resigned.

8 Germany has been warned by Mario Draghi, president of the European Central Bank, to be patient as he defended plans to keep interest rates at record lows throughout this year to prop up eurozone growth.

9 Pets at Home, a retailer of pet food, accessories, veterinary and grooming services, said that subdued Christmas trading in its merchandise division, where revenues were flat compared with the previous year at £177.4 million, held it back in the vital third-quarter.

10 The vast majority of businesses are unaware of a shake-up of the water industry in England that will allow them to negotiate cheaper supply deals or switch to a new provider, Ofwat, the regulator, said.