Virgin Money welcomed the Prudential Regulation Authority's statement on consumer credit on Tuesday, insisting that it will continue to prioritise asset quality over balance growth in its credit card business.
The UK wants to maintain cooperation with the European Union on drug regulation after its departure from the bloc, cabinet ministers Greg Clark and Jeremy Hunt have said.
Shore Capital said it took note of improved recent trading at Tesco implicit in the latest Kantar data from Ireland, but said the time had not yet come to invest.
London stocks were down but off earlier lows by midday on Tuesday as M&A news helped to offset a disappointing reading on the UK construction sector.
Stocks are trading off their lows ahead of possible remarks from a key European monetary official later in the day.
Markets in Asia were mixed but mostly lower on Tuesday, as the Reserve Bank of Australia stood pat on interest rates, and a belligerent North Korea fired another test missile despite international warnings.
Berenberg downgraded HSBC to 'hold' from 'buy', saying the UK bank was now fully valued, but reaffirming a belief that it will be a winner in the long term.
Markets in Asia finished mostly higher on Monday, with traders busy digesting fresh data out of both China and Japan to kick off the week.
Theresa May's 'confidence and supply deal' with the Democratic Unionist Party has become a major obstacle in ongoing negotiations to restore power-sharing in Northern Ireland, Sinn Fein has said.
London stocks were set for a weaker open on Tuesday following a downbeat session in Asia, after North Korea fired a missile into Japanese waters.