City hopes of an early a sell-off of the taxpayer's stake in Royal Bank of Scotland were dealt a massive blow today as its finance director, Nathan Bostock, was poached by rival Santander UK.
Sir Howard Stringer, the Welsh-born former chief executive of Sony, is to join the BBC's executive board. Sir Howard, who has dual UK and American citizenship, spent 30 years working for the CBS channel in the US before joining Sony in 1997.
Britons are spending 7 per cent less each week than before the financial crisis, including a fifth less on transport, as they adapt their lifestyles to lower wages and higher rents and energy costs.
FirstGroup has rejected pressure from a US investor to sell-off its North American bus business in a bid to boost shareholder value.
Tesco Bank has announced it is to hire 300 new members of staff as it gears up to launch a current account next year. The supermarket giant's first foray into the current account arena was expected to coincide with this year's new faster switching rules, which ...