Royal Bank of Scotland swung to a third-quarter loss on Friday, hit by costs related to past misconduct and restructuring, casting fresh doubts on when the government might begin to recoup more of its 2008 emergency investment.
Barclays and Deutsche Bank tried their damnedest not to be party poopers on the 30th anniversary of the biggest regulatory shake-up in the history of the City.
The mayor of London, Sadiq Khan, will tell a City banquet that hard Brexit is reckless economic self-sabotage. Photograph: Leon Neal/Getty Images.
The U.K. currency has become the most prominent victim of the Brexit debate, falling 18 percent against the dollar since the British voted in June to withdraw from the European Union.
Shop Direct's underlying pre-tax profit soared by 43.6% to �150.4m in the 53 weeks to 30 June, driven by a strong performance at lifestyle site Very and growth in mobile transactions across the group.