Italian lender Intesa Sanpaolo is reportedly planning to submit a bid for Royal Bank of Scotland's (RBS) private banking and wealth management division, Coutts.
Plymouth has been named as Britain's most affordable city in which to rent a home, followed by Cardiff and Leeds. The average rents in Plymouth took up just over a quarter of a tenant's take-home income.
Brent crude rose for a third day amid signs that Iran will seek an output cut at OPEC's meeting this week and after China unexpectedly reduced interest rates.
LONDON, Nov 23 (Reuters) - Aviva's potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain's insurance industry, fund managers said.
The new appointed CBI Director General John Cridland after the announcement of his new post in the CBI offices in central London, Britain, 15 November 2010.