One of London's most senior bankers is calling on the government to issue a renminbi-denominated bond as part of a charm offensive to boost the capital's chances of becoming a key trading post for China's currency
"After going to hell and back this is a day to remember," said fired Olympus boss and whistle-blower Michael Woodford after seven executives involved in the camera company were arrested in Japan
Struggling Spain has managed to prise another €4 billion (£3.3 billion) from jittery bond markets today but was forced to pay more for the privilege