RBS posts £8.2bn operating loss
The Royal Bank of Scotland, part-owned by the UK government, has posted an operating loss for the sixth successive year. BBC News – Business
The Royal Bank of Scotland, part-owned by the UK government, has posted an operating loss for the sixth successive year. BBC News – Business
The European Commission says economic recovery is “gaining ground” in the EU as it revises up its growth forecasts for 2014 and 2015. BBC News – Business
Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse say they are in talks over a possible merger. BBC News – Business
RBS is expanding its use of the post office network, but will not comment on the possibility of further branch closures. BBC News – Business
January’s public finances showed a surplus of £4.7bn, according to official figures, less than the surplus recorded a year ago. BBC News – Business
The UK’s economic recovery is “not yet secure”, Chancellor George Osborne is warning in the run-up to next month’s Budget. BBC News – Business