26 February 2009 Archive

Sir Fred Goodwin's full letter to the Treasury

Sir Fred writes to Treasury minister lord Myners

Full text from Sir Fred Goodwin - former chief executive of RBS - to Treasury minister Lord Myners

Government readies to take loss on RBS asset insurance

Insuring pumped up RBS toxix assets could cost tax payer billions

A drop in value of Royal Bank of Scotland (RBS) assets of over six per cent will leave the government facing a massive bill for guaranteeing toxic securities.

RBS reports biggest loss in UK history

RBS reveals £24.1bn loss

Royal Bank of Scotland today reported a £24.1 billion loss - the greatest in UK corporate history.

ISAs: Get ready for low rates

Wiil ISAs only provide pennies of interest?

The end of each tax year is traditionally ISA season - as providers line up rates to reel in savers wanting the best for their tax-free allowance - but Brits this year will have to lower their expectations.

Banking rally lifts FTSE 100

Banking rally lifts FTSE 100

A banking rally helped lift the FTSE 100 but the index is still trading below the 4,000 mark.

FTSE 100 jumps on RBS results

FTSE 100 jumps on RBS results

The FTSE 100 has jumped following Royal Bank of Scotland's biggest corporate loss in history.

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