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.
Soaring energy bills have forced families to spend more than ever on heating and maintaining their homes, according to official figures that illustrate the growing squeeze on household budgets.
Royal Mail, the newly-privatised postal service, will be joining the FTSE 100 index of blue-chip companies. The company's share price has surged more than 80% since its first day of public trading on 15 October, giving it a market capitalisation of nearly �6bn.
The activist investor proposing a break-up of FirstGroup said he had early expressions of support from other investors as he claimed the group's US assets alone were worth more than the current share price.
LONDON�A Bank of England pledge to keep interest rates low until unemployment falls has probably given the U.K. economy only a small lift, a BOE policy maker said Wednesday, in an analysis that may have implications for central banks pursuing similar ...