The former chairman of Standard Chartered could return to banking through the 316-branch division being sold by Royal Bank of Scotland.
A loophole in the government’s planned bank reforms risks leaving the taxpayer on the hook for billions of pounds in the next financial crisis, the governor of the Bank of England has warned.
Ryanair will cut the number of routes it operates from Budapest by a third next year, the budget airline said on Thursday, as it seeks to wrestle favourable conditions from the airport operator.
‘QUICK BUCK’ CITY MUST CHANGE WAYS, SAYS CABLE
Vince Cable wants regulators to define the duty of investment managers to “act in good faith”, as part of the government’s bid to curb the City of London’s “quick buck” mentality.
Tony Hall, the new director-general of the BBC, will be paid 532,000 pounds ($848,400) a year by the corporation.
Energy firms will be allowed to triple the amount of money they add to customers’ bills to pay for renewable power, nuclear and other environmental measures, under plans to be announced by the government next week.
THE FULL SCALE OF MP‘S LAVISH GLOBETROTTING REVEALED
Backbench British MPs have gone on more than 1.5 million pounds of trips with all expenses paid by foreign governments, pressure groups and companies in little over two years.