Royal Bank of Scotland has tumbled to a loss in the third quarter after taking a £900 million hit for payment protection insurance (PPI) claims.
Her appointment was hardly unexpected, but Royal Bank of Scotland’s decision to select Alison Rose as its next top boss was undeniably momentous.
Plans for 25% trade tariffs on Scotch whisky exported to the US are “profoundly worrying” for the industry and “in no-one’s interest”, Scottish First Minister Nicola Sturgeon has said.
Outgoing Bank of England governor Mark Carney has been given a key role as an adviser to Boris Johnson for major UN climate talks in the UK this year.
The Government is “working very hard to do what we can” to save airline Flybe, Boris Johnson has said.
Train operator Northern is to be stripped of its franchise, Transport Secretary Grant Shapps said, as fares across Britain rose by an average of 2.7%.
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Virgin Atlantic has announced plans to fly to 84 new destinations from Heathrow after a third runway is opened.
Royal Bank of Scotland has seen the two top bosses of its investment banking arm step down amid a shake-up of the struggling division by new chief executive Alison Rose.
The Royal Bank of Scotland has appointed Alison Rose as its new chief executive officer.