RBS boss to hand back £1m allowance
The chief executive of the Royal Bank of Scotland, which is largely owned by the UK government, is to forgo a shares allowance worth £1m. BBC News – Business
The chief executive of the Royal Bank of Scotland, which is largely owned by the UK government, is to forgo a shares allowance worth £1m. BBC News – Business
The FTSE 100 share index closes at a new high, surpassing the previous record set in December 1999. BBC News – Business
HSBC has said 2014 was a “challenging year” after reporting a 17% drop in profit to $ 18.7bn, with chief executive Stuart Gulliver seeing his pay drop. BBC News – Business
Greek anti-austerity PM Alexis Tsipras warns of “real difficulties”, as he faces a Monday deadline to submit a list of reforms to satisfy lenders. BBC News – Business
UK government finances showed a surplus of £8.8bn in January, the Office for National Statistics (ONS) has said. BBC News – Business
Additional funding will give Athens more breathing space to agree extension of its EU loan agreement. BBC News – Business