The UK economy shrank for the first time since 2012 in the second quarter, dragged down by a slump in manufacturing just as prime minister Boris Johnson prepares to leave the EU with or without a divorce deal.

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Royal Bank of Scotland (RBS) is poised to announce that Alison Rose will be its next chief executive, making her the first woman to run a large British bank.

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Financial regulator the Financial Conduct Authority (FCA) has launched an investigation into alleged fraud at five-a-side football pitch operator Goals Soccer Centres.