George Osborne yesterday revealed that the Government will set out its strategy �to return RBS and Lloyds to the private sector� after the Parliamentary Commission on Banking Standards' final report is published next month.
Ben Bernanke struck a dovish tone in testimony to US Congress on Wednesday, asserting the merits of easy monetary policy and gave no hint that the US Federal Reserve will slow down its $85bn-a-month, third round of quantitative easing.
Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.
Nationwide has revealed plans to raise up to �500m of extra capital, prompting speculation that it may go shopping for acquisitions.
SSE Plc (SSE) plans to reduce its share of spending on renewable energy through March 2015 in favor of increased investment in its networks business, where rates for power and gas distribution and transmission are regulated.