Twelve million consumers who were mis-sold Payment Protection Insurance (PPI) should have got an extra £5bn, a group of MPs has said.

More than 600 bank branches have closed across the UK in the last year, with rural areas worst affected, according to figures obtained by the BBC.

Shares in Japanese carmaker Nissan rise by 5% on Friday after the company had clinched a deal to take a major stake in embattled rival Mitsubishi.

Apple invests $1bn (£693m) in Didi Chuxing, the car-hailing app that has a bigger market share than Uber in China.

Tesco chief executive Dave Lewis is paid a bonus of almost £3 for helping return the UK's biggest supermarket to profit.

The official second estimate on eurozone growth is revised down slightly from 0.6% to 0.5% in the first quarter of the year.

The International Monetary Fund chief says a vote by the UK to leave the European Union would have "pretty bad, to very, very bad" consequences.

Another bank has been hit by a cyber-attack similar to that used to steal $81m from Bangladesh's central bank in February.