Royal Bank of Scotland share price dips after raising £85m through equity issue October 1, 2014 Royal Bank of Scotland's share price dipped in early trading this morning, after revealing it had raised £85m through a share issue. RBS' share price fell 0.5 per cent at pixel time today. The bank, which yesterday said it expected impairment charges to be significantly lower than expected, revealed it had alloted 23.8m [...]
From the Paris attacks and Jeremy Corbyn’s rise to power to the Syria conflict, migrant crisis and Greece’s economic woes, these are the biggest political events of 2015 December 9, 2015 The last year has been one of frantic political events, across the UK, Europe and indeed the world. While there is still a few weeks to go until the end of 2015, with the political calendar winding down we’ve taken a look back over the key events that shaped the political agenda over the last [...]
Derwent profits are boosted by lettings boom August 14, 2015 DERWENT London said yesterday that lettings reached a near-record high in the first half of the year, bagging a host of new tenants at schemes including the White Collar Factory in Old Street. The property developer said it secured £20.3m of lettings on 394,600 square feet in the first half of the year, which was [...]
Here’s what got us talking this week May 20, 2016 We had a glimpse of the future (at least as far as house prices are concerned) and found some of us would be in a fight to the end with robots. And we learned stress wasn't always a bad thing – which is just as well because it's not just prosecco that's getting more expensive just in [...]
Derwent London secures its first lettings for White Collar Factory July 13, 2015 Derwent London said yesterday it has snapped up an office block at the heart of the capital’s fintech district in Aldgate at the same time as it announced its first lettings at the White Collar Factory scheme in Old Street. The developer has bought Aldgate Union on Whitechapel High Street from the Royal Bank of [...]
Government to sell stake in green infrastructure investment vehicle June 21, 2015 THE GOVERNMENT is reportedly getting ready to sell off shares in its Green Investment Bank (GIB), a state-supported lender to green infrastructure projects, as part of chancellor George Osborne’s latest privatisation efforts. Sky News reported yesterday that advisers from Bank of America Merrill Lynch (BoAML) are working with Whitehall officials on plans to sell a [...]
EU referendum: Shadow chancellor John McDonnell says Labour key after debate brings out worst of Westminster May 17, 2016 The referendum campaign has "brought out the worst in Westminster politics", shadow chancellor John McDonnell has said.. Speaking at the TUC in London, McDonnell argued against the use of the tactics employed by both sides on the campaign so far, adding that Labour can save the debate. Instead of focussing on project fear, he said that Remain [...]
Bank chiefs to be given ethics quiz: Banking Standards Board kicks off cultural audit of UK’s lenders July 26, 2015 The City body tasked with restoring faith in the UK banking system is set to write to the chairmen of Britain’s biggest lenders, quizzing them on their firms’ ethics and culture – the first major initiative by the taskforce to bolster integrity in the sector. The Banking Standards Board (BSB), chaired by former telecoms regulator [...]
New finance chief for RBS spin-off bank June 25, 2015 CHALLENGER bank Williams & Glyn has hired a new chief financial officer from New Zealand. Royal Bank of Scotland – which is set to spin off its Williams & Glyn business – announced yesterday that Leigh Bartlett would join the bank from Westpac New Zealand. Bartlett, who is British, has worked at Westpac for four [...]
These are the MPs Mark Carney will be up against at the Treasury Select Committee May 24, 2016 Nobody enjoys select committee hearings. Mark Carney, however, might be the exception to that rule. For a man who wears a pained expression every time he is probed on something Brexit-related, the governor of the Bank of England has really been stepping up the warnings of late. And it's set to make for a tasty showdown at [...]