Pressure is mounting in the UK on disgraced former HBOS bosses amid anger over mammoth pension pots and nearly £1m of “bonuses for going bust”.

Former HBOS chief executive James Crosby has stepped down as non-executive director of catering firm Compass Group and said he wants to be stripped of his knighthood in the light of last week’s scathing report into the bank’s collapse.

Entrepreneur Philip Green will celebrate another milestone for his retail empire this week after clearing his borrowings on fashion chain Arcadia.