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British MPs push Osborne for RBS break-up 27 Aug 2013 | 01:39 pm
British lawmakers on Tuesday urged Chancellor of the Exchequer George Osborne to speed up plans to spin off the state-rescued Royal Bank of Scotland (LSE: RBS.L - news) into "good" and "bad" banks. I...
George Osborne under pressure to speed up Royal Bank of Scotland split 27 Aug 2013 | 01:19 pm
Plans to split Royal Bank of Scotland into a so-called good bank and bad bank have backing of former Bank of England governor Mervyn King. Photograph: Richard Milnes /Demotix An influential group of ...
BoE ready to restart asset buys if needed - Bean 26 Aug 2013 | 11:10 am
LONDON (Reuters) - Britain's central bank stands ready to restart asset purchases if the need arises, which is not the case at present, Bank of England deputy governor Charlie Bean said on Friday. "W...
Bank of England's rate guidance aims to boost confidence - Bean 26 Aug 2013 | 11:00 am
LONDON (Reuters) - The Bank of England's decision to provide explicit guidance on the path of interest rates was motivated by the desire to give consumers and firms more confidence to spend, deputy go...
Bank of England governor to hold firm on record low interest rates 26 Aug 2013 | 10:40 am
Bank of England governor Mark Carney is expected to say that City expectations of an early rise in interest rates are ‘unwarranted’. Photograph: Simon Dawson/AP The Bank of England governor, Mark Car...
Worst UK pension providers named 22 Aug 2013 | 01:29 pm
Some insurers are paying annuities 30% below the best available deals. Photograph: Christopher Thomond for the Guardian Britain's worst pension providers have been named for the first time in officia...
Shock: a banker can live on £1m salary 22 Aug 2013 | 11:53 am
Ross McEwan, the new boss of RBS, is doing a slightly unusual thing for a top banker: he is living on his salary and is not expecting to receive bonus payments until at least 2017. Admittedly his sal...
Banks to compensate customers over CPP mis-selling scandal 22 Aug 2013 | 11:41 am
All major high street banks are reported to have signed up to the compensation scheme. Photograph: Bloomberg via Getty Images Britain's banks are facing a bill of up to £1.5bn under a scheme due to b...
Five major UK banks in profit for first time since 2010 21 Aug 2013 | 11:34 am
All five major UK banks (Barclays, HSBC, Lloyds Banking Group, RBS and Standard Chartered) recorded a profit in the first half of the year, for the first time since 2010, according to a new report fro...
SocGen launches investment offering for UK IFAs 21 Aug 2013 | 11:30 am
Société Générale has, for the first time, launched a series of investment products available exclusively to Independent Financial Advisers in the UK. With Walker Crips Structured Investments acting a...
