Lloyds Banking Group is expected to announce plans to cut 9,000 jobs over the next three years.
Debenhams has reported a 24.8% fall in its annual profits, after unusually warm weather affected last year's winter sales.
A report into the Co-op Bank's failed attempt to buy 632 Lloyds branches has criticised KPMG and the Financial Conduct Authority (FCA).
The Bank of England's Monetary Policy Committee (MPC) maintained its 7:2 voting split on its decision not to raise interest rates, according to the committee's meeting minutes.
Public sector borrowing was up to £11.8 billion in September, according to the Office for National Statistics (ONS).
Customers affected by the crash of the system which handles the Bank of England's transactions are being instructed to contact their bank for help.
Online fashion retailer ASOS has reported a 14% fall in annual profits, despite an increase in sales.
The UK economy will grow by 2.4% in 2015, well below the 3.1% growth expected this year, according to forecasting body EY Item Club.
German sportwear manufacturer Adidas has seen its share price rise by 6% after reports suggest a group of investors are preparing a bid for its Reebok brand.
Share prices in London showed signs of bouncing back in early trading this morning (Friday) after the troubles of the past two days.