Alliance Trust, the historic Dundee investment firm, has set up two new subsidiary companies in England to prepare for the possibility of an independent Scotland.
The FT analysis makes grim reading for chancellor George Osborne ahead of his 19 March budget. Photograph: Getty Images. Put away the champagne.
LONDON (Reuters) - FTSE fell to a three-week closing low on Friday as a landmark corporate bond default in China, the world's top metals consumer, hit major mining stocks.
Three recently promoted directors at Royal Bank of Scotland were awarded share bonuses worth almost �4m for last year, setting them apart from the rest of the bank's senior executives who waived their annual entitlements.
Daimler is set to sell its 50 per cent stake in Rolls-Royce Power Systems to Rolls-Royce three years after the pair acquired the German diesel engine supplier, which was formerly known as Tognum.