Financial analysts Company Watch found £499m was recovered in assets from the 19 biggest retail failures since 2012.

HMV, Comet and Blockbuster were just some of the household names that fell into administration during this period.

Banks and other secured lenders got at least £365m and about £123m was spent on fees and other bills.

Administrators earned £33m from the failures, with some charging up to £950 an hour. Only £14m went to unsecured creditors.

New EU limits come into force which will reduce the amount mobile phone providers can charge for making or receiving calls abroad.

It will also bring down the cost of accessing the internet.

For the past six years the EU has been forcing prices down by placing a cap on the charges providers can impose and reducing that limit each year.

BBC News

May 3 (Reuters) - Entertainment group Vivendi has offered to buy France Telecom's Dailymotion, an online video-sharing service at the centre of a row over political interference in French companies, news website Wansquare reported on Friday.

Host Chris Hill, along with analysts Jason Moser and Matt Koppenheffer, discuss the top business and investing stories of the day on the MarketFoolery Podcast.

The industry, worth £2bn, was referred to the Competition Commission by the Office of Fair Trading last Thursday.

Consumer groups say some firms charge excessive rates and make it difficult to compare the full cost of loans. The industry says it is already changing.

Consumer affairs minister Jo Swinson will host Monday's meeting.

Ahead of the meeting, the executive director of consumer group Which?, Richard Lloyd, called on the government to take action over the "toxic market".

He said: "We want new rules banning excessive charges, a restriction on the number of times a payday loan can roll over and clearer advertising to help people struggling with spiralling debt."

The Citizens Advice charity has accused the payday loan sector of being "out of control".

The lenders said they were already changing their practices. A new regulator, the Financial Conduct Authority, will oversee payday lenders from next April.

The OFT said it found that customers found it difficult to identify or compare the full cost of payday loans.

It added that there were barriers to switching between lenders when loans were rolled over.

The OFT said it was also concerned that competition was based on speed rather than cost.

BBC News

Companies House logo is changing on 6 October 2013

From 6 October 2013 our website and online services will display the Royal Coat of Arms in place of the old Companies House logo, in the first phase of adopting the new single government identity.

We are replacing our logo in a phased approach, changing our website and online services, and gradually updating stationery as and when stock levels need replacing. During this period you may notice some inconsistency with our stationery and letters, as paper and material stocks are replaced.

Government's use of the Royal Coat of Arms makes it clearer and more distinguishable, allowing customers to easily identify when they are communicating with a government organisation.