Hundreds of jobs processing business loans will be shifted from the UK to Mumbai under new plans by the Royal Bank of Scotland (RBS).
The lender, which is 73 per cent owned by the taxpayer, will.. City A.M.
Ministers have reportedly said they would back the move as long as the Chancellor - dubbed 'spreadsheet Phil' - promises to step down in two years after Brexit is negotiated. MailOnline
The UK will plunge into a three-year recession and an extra 3,300 small firms will go bankrupt if the government cannot negotiate a transition deal after Brexit, an insurer has warned.
Insurer.. City A.M.
Brexit secretary David Davis has slammed colleagues speculating about Theresa May's leadership, calling the "self indulgent".
Asked by Andrew Marr whether another leadership contest would be.. City A.M.
The bank of England isn’t known for its glittering cast of characters, and there’s only so much excitement to be found in monetary policy. Nevertheless, one individual down at Threadneedle St.. City A.M.
Outgoing Bank of England policymaker Kristin Forbes has fired a parting shot at the doves on the monetary policy committee (MPC), saying an interest rate hike should not be held back any longer.
In.. City A.M.
Chancellor Philip Hammond (pictured) admitted the weakened Government was vulnerable to 'mischief' in Parliament that risked causing delays in the Commons. MailOnline
The government received a boost at the start of the financial year as it borrowed slightly less than expected amid healthy tax receipts.
Public sector borrowing in the first two months of the.. City A.M.
Prime Minister Theresa May has lost yet another advisor with the departure of Downing Street's head of government relations, who led liaisons with business and campaign groups.
Chris Brannigan, a.. City A.M.
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