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.
LONDON (Reuters) - Newly-privatised Royal Mail Group (RMG.L) will join Britain's top share index following a strong share price performance since its stock market debut, FTSE confirmed on Wednesday, two months to the day after its listing.
The Bank of England's policy of forward guidance has not been effective in stimulating the pace of recovery, one of its interest rate setters said on Wednesday in the first breach of the central bank's advocacy of its new monetary policy strategy.
What's in a name? As shares in microchip designer Imagination Technologies dived 20 per cent on Wednesday, investors seemed to think that the title said less about laudable ambition and more about undue optimism over the company's decision to take the ...
HOUSEHOLD spending in Scotland remained higher on transport than on housing fuel and power, newly released figures have showed. Expenditure on transport remained the highest for Scots despite housing costs overtaking transport in the UK as a whole.