LONDON (Reuters) - Britain's economy will expand at its fastest rate in seven years in 2014, thanks to strengthening household consumption, but high household debt will slow growth in 2015, the British Chambers of Commerce (BCC) said on Thursday.
The Royal Bank of Scotland has agreed to pay $100m (�61m) to a trio of US regulators to settle civil allegations that the bank broke sanctions relating to Iran, Sudan, Cuba and Burma.
MPs are demanding action after �13.2bn was written off the government balance sheet in 2011-12 due to fraud, financial error and legal claims.
A Bank of England rate-setter yesterday said that Threadneedle Street's flagship forward guidance policy was likely to have had little impact on the economy and appeared to clash with Governor Mark Carney over the timing of possible rate rises.
Driving force: a New York hedge fund wants FirstGroup to spin-off its US bus business, including its inter-city Greyhound service.