Most Apple Pay payments will have £20 limit, banks say

Most payments using the new Apple Pay system will be limited to £20 when it launches in the UK in July, the BBC understands.

RBS fined £5.6m for incorrectly reporting trades

Royal Bank of Scotland has been fined £5.6m for failing to properly report almost 45 million trades. The fine relates to the period between November 2007 and February 2013 when regulators found mistakes in more than a third of the bank's transactions.

Michael Dell is said to be encouraged by board to raise offer

Michael S Dell may have to dig deeper into his pockets if he wants his $24.4 billion bid for the computer company he founded to succeed.