LONDON (Reuters) - State-backed Royal Bank of Scotland (RBS.L) has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits.
The annual rate of inflation in the eurozone picked up slightly in October, but marked its 13th straight month at less than half the rate targeted by the European Central Bank.
One hundred years after the outbreak of World War I, U.K. Chancellor of the Exchequer George Osborne announced plans to repay some of the debt issued to help finance the conflict.
WPP founder Sir Martin Sorrell has warned that the Ebola epidemic, the rise of Islamic State and unrest in Hong Kong are �grinding down� confidence among major advertisers.
Household suppliers defend their refusal to slash bills in a year when gas costs have tumbled by almost a quarter. 11:54, UK, Friday 31 October 2014.