More than 90% of the firms put into RBS' Global Restructuring Group (GRG), established after the financial crisis, are understood to have suffered "inappropriate action" against them by the bank, according to a Financial Conduct Authority (FCA) report leaked in August. … [Read more...] about RBS restructuring unit probed over claims it profited from stricken firms
Rbs issues stark warning over brexit despite doubling of profits
New border systems will be needed for the rest of the UK, and the EU and HMRC will be frustrated in designing them until the shape of the deal is known, possibly not until the summer. HMRC is short of key personnel and recently advertised for a deputy director to take charge of EU exit, who “will be responsible for providing the strategic direction for the project, delivering all the operational, communications and business changes needed in readiness for the UK’s exit.” … [Read more...] about What happens on Brexit day and what comes next?
He said: "We've issued a broad thunderstorm warning for Monday and Tuesday for all parts of the UK, since although the ingredients are there, it's just too early to pinpoint the details of exactly where and when thunderstorms will occur. … [Read more...] about UK weather forecast – Britain braced for severe thunderstorms as ‘danger to life’ warnings issued across country
More from Rbs Coronavirus: Big four banks earmark £6.7bn for COVID-19 write-offs State-backed RBS finalises plan for £305m bonus pot RBS digital bank chief to leave amid Rose shake-up Royal Bank of Scotland names Alison Rose as new boss RBS warns of £900m hit as PPI claims 'significantly higher than expected' RBS and Santander ordered to fix PPI breaches … [Read more...] about RBS to sell long-held stake in financial markets group Euroclear
The Motor Insurers’ Bureau (MIB) has paid out more than £100 million so far, but it estimates that bill will balloon to between £200 million and £2 billion a year as the number of claims increase - which could lead to a £50 rise in the cost of annual insurance for the average motorist. … [Read more...] about Car drivers face £200million electric scooter crash bill as they are set to pay higher insurance premiums, warn industry chiefs