Rothesay Life the frontrunner to acquire £900m Government mortgage portfolio September 20, 2018 British insurance giant Rothesay Life is the frontrunner to acquire a £900m mortgage portfolio from the Government, it has been reported. Rothesay will buy the equity release mortgages from UK Asset Resolution (UKAR), according to Sky News. Read more: What effect did the financial crash have on UK property? The news comes six months after Rothesay Life acquired [...]
RBS in talks with the Bank of England over share buyback plans September 20, 2018 The Royal Bank of Scotland has started discussions with the Bank of England over a special share buyback in a bid to speed up the privatisation process. Speaking at a conference in New York RBS deputy chief financial officer Katie Murray confirmed that the bank is in talks with the Prudential Regulation Authority (PRA) over the details of [...]
RBS in talks with the Bank of England over share buyback plans September 20, 2018 The Royal Bank of Scotland has started discussions with the Bank of England over a special share buyback in a bid to speed up the privatisation process. Speaking at a conference in New York RBS deputy chief financial officer Katie Murray confirmed that the bank is in talks with the Prudential Regulation Authority (PRA) over the details of [...]
European Commission loses patience with Facebook over consumer rules compliance September 20, 2018 The European Commission has told Facebook it must comply with EU consumer rules by the end of the year or face sanctions, as it warned it was losing patience with the tech giant. Facebook has made limited progress with a framework set out in February, the commission said, and is misleading users with its new terms [...]
European Commission loses patience with Facebook over consumer rules compliance September 20, 2018 The European Commission has told Facebook it must comply with EU consumer rules by the end of the year or face sanctions, as it warned it was losing patience with the tech giant. Facebook has made limited progress with a framework set out in February, the commission said, and is misleading users with its new terms [...]
RMT announces fresh South Western Railway strikes as train guard row rumbles on September 20, 2018 Further strike action is planned on South Western Railway (SWR) in the long-running dispute over the role of guards on trains. Members of the Rail, Maritime and Transport union (RMT) will take fresh industrial action on 5 and 6 October, affecting routes into London Waterloo. Read more: South Western Railway strike to go ahead tomorrow The union [...]
RMT announces fresh South Western Railway strikes as train guard row rumbles on September 20, 2018 Further strike action is planned on South Western Railway (SWR) in the long-running dispute over the role of guards on trains. Members of the Rail, Maritime and Transport union (RMT) will take fresh industrial action on 5 and 6 October, affecting routes into London Waterloo. Read more: South Western Railway strike to go ahead tomorrow The union [...]
Prison chief asked to leave as violence towards officers reaches record high September 20, 2018 The chief executive of the Prison and Probation Service (PPS) has been asked to step down amid an escalating crisis that has seen violence in jails reach record highs. Michael Spurr will leave at the end of March next year after 35 years in the service and nine years as chief executive, as the Ministry [...]
Prison chief asked to leave as violence towards officers reaches record high September 20, 2018 The chief executive of the Prison and Probation Service (PPS) has been asked to step down amid an escalating crisis that has seen violence in jails reach record highs. Michael Spurr will leave at the end of March next year after 35 years in the service and nine years as chief executive, as the Ministry [...]
Poundland warns landlords over costs as it moves into 20 former Poundworld stores September 20, 2018 Poundland has warned landlords about the "new realities of retail" as it announced the take over of former Poundworld stores after the rival discount brand collapsed into administration. Poundland will open in 20 large sites previously occupied by Poundworld in October, in a move that could create more than 400 jobs. Read more: Iceland to take over a handful of former Poundworld stores More than 5,000 [...]
