Ryanair has launched legal proceedings against its outgoing chief operations officer, Peter Bellew, whom rival EasyJet announced last month it had poached.

The global derivatives industry launched an Irish law version of its dispute resolution mechanism for trillions of euros of swaps contracts to “future-proof” users against the uncertainties presented by Brexit.

BANKS are facing strict rules which will prevent them hassling borrowers struggling with general personal debts, the Financial Regulator announced.