Magic Circle deal star Nigel Boardman’s next act September 24, 2018 Slaughter and May deal star Nigel Boardman is approaching the second act of his career with the same strategic approach that made him the most renowned English corporate lawyer of the last 20 years. When he retires from Slaughters’ partnership at the end of April to become a part-time consultant with the firm it [...]
Now banks have pulled their Google ad spend as Royal Bank of Scotland, HSBC and Lloyds pile on pressure March 20, 2017 Google is facing growing pressure over claims it's profiting from hate speech as some of Britain's biggest banks are the latest to pull their ads from YouTube. Royal Bank of Scotland, HSBC and Lloyds have suspended their advertising with the tech giant following an investigation which revealed household brand names were appearing next to offensive and extremist [...]
Question Time Leaders Special 2019: Four big talking points for tonight’s debate November 22, 2019 The leaders of the Conservatives, Labour, Liberal Democrats and the Scottish National Party (SNP) will be grilled by members of the public over their General Election policies on a BBC Question Time special tonight. Boris Johnson, Jeremy Corbyn, Jo Swinson and Nicola Sturgeon will each face 30 minutes of audience questions, with Labour’s Corbyn up [...]
Lloyds Bank, Halifax and Bank of Scotland online banking customers will soon be able to use facial recognition technology for login instead of passwords with Microsoft Hello April 17, 2017 Lloyds is the latest bank to jump on the biometric bandwagon with new plans to let users login simply by showing their face to a camera. Online banking for customers of Lloyds, Halifax and Bank of Scotland will now come with a new security option that replaces a password with a selfie or a fingerprint. [...]
The Treasury wants to change plans for Royal Bank of Scotland to sell Williams & Glyn February 20, 2017 Royal Bank of Scotland confirmed today that it will no longer be required to sell the 307 branches that make up its Williams & Glyn network, after the Treasury stepped in to seek changes to its State Aid obligations. Shares in the lender were up by more than five per cent at the open, and [...]
London can strengthen its relations with Scotland March 4, 2019 On a brisk evening in January, I had the honour of hosting a Burns Supper at the Mansion House with the first minister of Scotland, Nicola Sturgeon. The night was complete with bagpipes, haggis, and of course a “wee dram” of whisky. The event brought together leading business figures from both sides of the border, [...]
UK consumer confidence holds up in May despite Brexit impasse May 31, 2019 Consumers were feeling more upbeat about the British economy in May than they were in April despite Brexit, a new survey has shown, although confidence was well below the longer-term average. Read more: Warm-weather pub trips boost tepid consumer spending growth in April Meanwhile, more people felt positive about their personal financial situation than during [...]
Interest rates would be hiked if Britain achieves orderly Brexit, says Bank of England May 30, 2019 Deputy governor of the Bank of England Dave Ramsden has said interest rates would need to be hiked if Britain leaves the European Union in an orderly manner with a transition deal. Read more: Hammond may topple new PM to prevent no-deal Brexit Ramsden, speaking in Inverness, Scotland, said although he expected growth to pick [...]
Calls to give City watchdog sharper teeth after fury at lack of action on RBS GRG | City A.M. July 31, 2018 The government is facing calls to beef up the powers of the Financial Conduct Authority (FCA) after the regulator revealed it will take no action against Royal Bank of Scotland (RBS) following the scandal over its treatment of customers in the now notorious global restructuring group (GRG). The City watchdog took legal advice which found [...]
Oliver Holbourn, the head of UKFI which manages the government’s stake in RBS, is set to join the bank as head of strategy May 5, 2018 Royal Bank of Scotland (RBS) is set to get a new head of strategy, as it recruits the man who has spend the last several years managing the government’s stake in the bank. Oliver Holbourn, who was formerly chief executive of UK Financial Investments (UKFI), is in talks with RBS about taking the senior role, [...]