RBS has pushed back the launch of Williams & Glyn, fuelling buyout speculation June 20, 2016 RBS has put off the marketing push for its new/old Williams & Glyn brand until the first quarter of 2017. The Sunday Times reported that the lender will now put off its marketing activities until the beginning of next year. Under rules set out by the regulator after RBS' £45bn taxpayer bailout in 2008, it [...]
TalkTalk chief executive Dido Harding has donated her bonus to charity after it was hacked June 20, 2016 Dido Harding, the chief executive of telecoms giant TalkTalk, has donated this year's bonus to charity, the company said today. In an annual report published this morning, it said Harding had decided to give her £220,000 bonus away to charitable causes. Although to be fair, it looked like she was going to do ok without it – [...]
Jeremy Corbyn confirms Parliament will be recalled on Monday as he and David Cameron pay tribute to Jo Cox in Birstall June 17, 2016 Jeremy Corbyn has confirmed that Parliament will be recalled on Monday after an "attack on democracy". Appearing alongside David Cameron in Birstall following the murder of Jo Cox yesterday, Corbyn said he had requested that Parliament be recalled to allow MPs to pay tribute, and that his request had been granted. Cameron called for both sides [...]
A bank is close to replacing Waitrose as the main sponsor of English cricket June 17, 2016 Waitrose is set to be replaced as the main sponsor of English cricket by Royal Bank of Scotland (RBS) offshoot Natwest, reports have suggested. The supermarket announced in February that 2016 will be its last year as the main partner of the England and Wales Cricket Board (ECB). Today Sky News reported RBS was in advanced [...]
Man dies after “sudden gas blowout” in Boulby potash mine June 17, 2016 A man has been killed after a "sudden gas blowout" at a potash mine in Boulby, near Cleveland in Yorkshire. Cleveland police said officers had been called at 5.20am to an incident at the mine, during which a man died. "Our thoughts are with family, friends and colleagues," police added. "We are working to understand the [...]
These 23 London restaurants just won awards for their wine lists June 17, 2016 We all know London is a city of booze-lovers – but that's just been made official, after 23 of its restaurants were awarded honours at the Wine List Awards. That makes the capital's wine lists the second best in the world. London eateries including St John, Dinner by Heston and The Ledbury were given three-star [...]
It’s happening: A robot escaped from its lab and made break for freedom June 17, 2016 I, Robot? More like bye, robot: an automaton made a bid for freedom yesterday, escaping from its lab – only to cause a traffic jam. The BBC reported a “Promobot” at a research lab in the Russian town of Perm went on an adventure after an engineer forgot to close a gate. The robot made it about [...]
HSBC shares rise as it agrees $1.6bn settlement with Household International shareholders June 17, 2016 HSBC has reached a settlement with shareholders after a dispute over its acquisition of Household International, back in 2003. The company said it will pay just under $1.6bn (£1.1bn) to shareholders after a class action lawsuit filed in 2002. HSBC bought the company for $14.2bn back in 2003, in an effort to increase its share of [...]
Power 100 Women: KPMG macroeconomist Yael Selfin on career planning, her grandmother, and how to negotiate a payrise June 16, 2016 As part of City A.M.'s ongoing Power 100 series, KPMG's head of macroeconomics talks about what drives her in business. Are you doing what you always imagined you'd be doing? I always wanted to be in the centre of what was happening and thought macroeconomics was that. I always wanted to do something I enjoyed. Is [...]
