The boss of a taxpayer-funded bank has been awarded a bonus worth £963,000, around 60% of his entitlement, following political pressure to limit the payout.Read
Taxpayer-funded Royal Bank of Scotland has seen its shares climb five per cent after announcing its biggest ever single disposal – the sale of its aircraft leasing business for nearly £5 billion.Read
Who would be a saver? After 33 consecutive months of UK interest rates being pegged at a record low of 0.5 per cent, it now appears that there’s no relief on the horizon for the financially prudent.Read
Banking giant HSBC is set to pay out £40 million in fines and compensation after one of its subsidiaries sold savings products to elderly customers who were likely to die before the recommended investment period was up, the City regulator has said.Read
David Cameron has announced the Government has cut a deal with banks which will see them distribute £95 million to small and medium-sized businesses.Read
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