Eight employees of the Swiss air traffic control company have been charged with negligent homicide in a 2002 plane collision that killed 71 people over southern Germany, the district attorney in nearby Winterthur said today.

Churchill Insurance, one of Britain’s biggest car and home insurers, has been put up for sale with a £1.5 billion price tag by its owner Credit Suisse Group.

Credit Suisse Group CEO Lukas Muehlemann is likely to leave the company, as a group CEO is not necessary with two strong leaders at the helm of the concern's two large units, according to sources reported in SonntagsBlick.

Prudential has confirmed it's to cut 2,100 jobs, more than 20% of its UK workforce. Jobs are expected to go at its many offices including Belfast.