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.

brexit talks davis barnier
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".

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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.

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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.

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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.

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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.

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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 houses
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.

16 Mar
england ireland great britain
UK MPs say no evidence of move to frictionless NIreland border

The UK government was under further pressure on Friday over Northern Ireland as a cross-party group of MPs said it saw no real chance of a frictionless border with the Republic of Ireland after Brexit.

16 Mar
Gatwick airport workers in strike vote over below inflation pay offer 

Workers at Gatwick Airport have begun balloting for strike action in a dispute over a below inflation pay increase, the Unite union said on Friday.

16 Mar
ep penongibraltar
Gibraltar will retaliate against EU citizens if Spain uses Brexit veto

The Gibraltar government it has warned it would review European Union citizens’ rights living and working in the Rock if the Spanish government invokes the veto to exclude the region from a Brexit transition deal between the UK and the EU.

16 Mar
capital & regional, retail, shopping
Retail store sales plow upward after snow, high street misses out

UK retailers enjoyed their best in-store results since last April as customers flocked back to shops last week after snow had disrupted trading earlier in the month, according to data published on Friday.

16 Mar
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Bitcoin mining 'no danger' to UK energy supply due to high prices

Cryptocurrency mining uses 1% of UK electricity and poses little threat to the country’s supply of energy due to “rip-off” prices, says the National Grid, as Bank of England raises concern about consumption.

15 Mar
Chocolate could disappear by 2050 due to climate change

Cocoa plants as we know them are expected to become extinct by as early as 2050 as global warming pushes temperatures higher and levels of humidity fall, the World Economic Forum said on Thursday.

15 Mar
mnuchin portada
US Treasury slaps sanctions on 19 Russians for "destabilising" cyber attacks

The US Treasury has imposed sanctions on 19 Russians who it accuses of involvement in interference in the 2016 US presidential race and other "ongoing nefarious attacks".

15 Mar
Air pollution level 5 London 30 April 2014, by David Holt
UK government fails to tackle air pollution at National Health Emergency level

Four select committees formed by UK members of parliament have called for a new Clean Air Act to tackle the UK’s air pollution problem, which they said could provoke half a million more early deaths after Brexit if left undealt with.

15 Mar
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NAHB housing market index dips in March but still strong

Sentiment among US housebuilders remained strong in March, according to data released on Thursday.

15 Mar
City workers
US initial jobless claims drop by 4K as expected

The number of Americans filing for unemployment benefits declined in line with expectations last week, according to data released by the Labor Department on Thursday.

15 Mar
factory, factories, manufacturing, manufacturer
Philly Fed index drops a little more than expected in March

Manufacturing conditions in the Philadelphia region deteriorated a little more than expected in March, according to a survey out on Thursday.

15 Mar
Finance Industry attempts to tackle scams as consumers lose £236m

UK consumers lost £236m due to authorised push payment scams in 2017 as deception and impersonation continue to drive fraud according to data released by UK Finance on Thursday.