News And Announcements
RBS gives shareholders vote on setting up retail investor committee
Shareholder groups of Royal Bank of Scotland will be given a vote later this year that could see retail investors have more of a say in some aspects of the business.
UK agrees Brexit transition deal with EU, loose threads remain
Britain and the European Union have agreed a 21-month Brexit transition deal to smooth the break-up after March 2019, though the Irish border remains one of several issues not yet resolved and it was described by some as "not a decisive breakthrough".
Common cryptocurrency regulations discussed at G20 summit, tax warning from IRS
G20 financial leaders are set to discuss regulations for cryptocurrencies at a summit in Buenos Aires, with Bank of England Governor Mark Carney warning that bitcoin and its peers are evolving at such a rate that they could become a threat to the financial system.
BT gets union approval to close defined pension scheme
BT Group will close its defined benefits pension scheme after reaching an agreement with the Communication Workers Union (CWU) on Monday to secure pension arrangements for 20,000 employees.
Charity calls for further protections to consumers of 'doorstep loans'
Independent charities network Citizens Advice has called for people utilising high-interest "doorstep loans" to be provided with the same level of protection as those with payday loans in order to be spared millions of pounds of excess fees and charges per year.
Accounting watchdog launches investigation into two former Carillion executives
The Financial Reporting Council (FRC) announced on Monday that it has begun an investigation into Carillion's former group finance directors Richard Adam and Zafar Khan.
Rolls Royce agrees 'critical' deal to develop battery technologies
Aerospace engineering giant Rolls Royce has entered into an agreement with UK company Superdielectrics to develop materials that challenge the dominance of traditional batteries.
London house prices drop in March - Rightmove
Average asking prices paid by first- and second-time buyers in Britain hit records levels this month, although overall prices in the capital fell, according to data released by Rightmove on Monday.