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Snap news

The latest on Tuesday,

- The RBS rights issue details: £12bn fully underwritten, 11 for 18, at 200p – or a 46 per cent discount – statement.

- Bradford & Bingley updates the market – statement.

- Meanwhile, another report that Sir Richard Branson’s Virgin Money is considering a £1bn bid for the buy-to-let specialist – CityAM story.

-  FKI has recommended a £478m cash-and-shares offer from Melrose – statement.

- Visitor growth strong, but tough trading in loans and mortgages for Moneysupermarket – statement.

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