LONDON (Reuters) - Britain's financial regulator has fined Royal Bank of Scotland for selling mortgages without checking if customers could afford them, undermining Chief Executive Ross McEwan's efforts to repair the bank's image.
Wm Morrison Supermarkets Plc (MRW) rose the most in three months after data showed four-week sales improved, suggesting Chief Executive Officer Dalton Philips's price-cutting strategy is starting to bear fruit.
One of the world's largest law firms is to expand its operations to Belfast with the creation of more than 250 new jobs. Also in this Section.
Tim Hortons Inc. (THI) bondholders will pay a price if they relinquish their debt under threat of a downgrade to junk because of the doughnut chain's purchase by Burger King Worldwide Inc. (BKW:US).
The no-frills carrier sees advantages of offering the business traveller a more flexible experience as part of its new approach. 1:28pm UK, Wednesday 27 August 2014.