Companies

Aug 18: B&B shareholders shun cash call

Underwriters to Bradford & Bingley's rights issue will this morning attempt to place the unsold rump of the UK mortgage lender's £400m rights issue, after shareholders failed to buy 72 per cent of the shares on offer. Jane Croft, retail banking correspondent, talks to Daniel Garrahan about how the takeup compares with recent rights issues by HBOS and Barclays.