Category: Top Stories


Derek Carlyle beats RBS in the Supreme Court opening the way for others

On Wednesday 11 March 2015 the UK Supreme Court announced its decision in favour of Mr Carlyle. All of the five UK Supreme Court Justices found in Mr Carlyle’s favour making this an overwhelming victory for the property developer who…

Read More

RBS faces legal action over ‘systemic fraud’ in interest rate swap sales

Posted by Chris.Goodfellow in Regulation on Tue, 24/02/2015 – 13:09 RBS faces legal action from a number of entrepreneurs who claim its interest rate swap products forced them into insolvency. The financial products have been part of a Financial Conduct…

Read More

Ross McEwan: Becoming customer bank is our responsibility and our opportunity

22 November 2013 RBS chief executive Ross McEwan addressed 200 delegates at ‘Business In The Parliament’ conference at Holyrood. Alongside the politicians, public bodies, trade bodies, local authorities and private businesses who are in this chamber today, the Royal Bank…

Read More

Small firms unite to wage war on RBS

     Banking and Finance Gary Parkinson, James Hurley Last updated at 12:01AM, March 2 2015 More than 250 companies claiming to have been damaged or destroyed by Royal Bank of Scotland’s “turnaround” division have clubbed together to sue the…

Read More

B & Q attacked over pay-to-stay ‘threats’

James Hurley Enterprise Editor Last updated at 12:01AM, February 27 2015 B&Q is facing claims that it threatened its suppliers by demanding they pay hundreds of thousands of pounds to stay on its books. The DIY giant approached companies demanding…

Read More

RBS’s £421m bonus payout is outrageous, admits chief executive

Katherine Griffiths, Jenny Booth Last updated at 9:45AM, February 26 2015 The chief executive of Royal Bank of Scotland has conceded it was “outrageous” to pay staff £421 million in bonuses, as the taxpayer-owned bank recorded a loss for the…

Read More

HSBC under the Treasury Select Committee cosh!

HOC TREASURY COMMITTEE Wednesday 25 February 2015 Committee Room 8 Meeting started on Wednesday 25 February at 2.22pm. Ended at 6.27pm HM Revenue and Customs and HSBC Witnesses Douglas Flint, Group Chairman, HSBC Holdings plc, and Stuart Gulliver, Group Chief…

Read More

Sir Robert Francis’ Review of Whistleblowing Processes in the NHS – Joanna Glynn QC

FEBRUARY 16, 2015 BY 1 CROWN OFFICE ROW Sir Robert Francis’ Review of Whistleblowing Processes in the NHS – Joanna Glynn QC      It has long been recognised that enabling healthcare professionals to              …

Read More

Royal Bank of Scotland boss: Hubs will help us rebuild reputation

NatWest’s first regional business accelerator hub will be opened by chief executive Ross McEwan tomorrow, just days after the bank announced it would close at least 99 branches this year and weeks after it admitted misselling Enterprise Finance Guarantee business…

Read More

New Mis-selling Scandal Set To Rock Barclays plc, HSBC Holdings plc, Lloyds Banking Group plc & Royal Bank of Scotland Group plc?

Yahoo Finance UK/fotolia – Get more back from your money this year UK banks are set to be embroiled in controversy once again with fresh claims of mis-selling. UK bank shares took a tumble when the Financial Ombudsman earlier last week…

Read More