Royal Bank of Scotland announced today that it is cutting 1,400 jobs in the latest round of redundancies since it was bailed out by the taxpayer.
Economic Rescue Package
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Wednesday 11 January 2012
The European Union stepped up the pressure today against Hungary, saying its fiscal policies were unsustainable and threatening legal action over a new constitution that some fear could push the country back into authoritarianism.
Monday 19 December 2011
George Osborne will outline plans today for a wide-ranging overhaul of the structure of Britain's major banks, forcing them to separate their high street and investment operations.
Monday 19 December 2011
Chancellor pledges to implement Vickers Plan in full in bid to avoid further bailouts
Sunday 06 November 2011
Greece's embattled prime minister and main opposition leader agreed tonight to form an interim government to ensure the country's new European debt deal and oversee early elections, capping a week of political turmoil that saw Greece facing a catastrophic default and threatening its euro membership.
Friday 02 September 2011
Alistair Darling feared the bank chiefs at the heart of the financial crisis were "so arrogant and stupid that they might bring us all down".
Friday 26 August 2011
The RNLI is remarkable both for its volunteers and for the success of its fund-raising. Alice-Azania Jarvis reports
Sunday 21 August 2011
How do we stop the riots happening again? I agree with Iain Duncan Smith that locking young people up is no solution and exposes them to career criminals. Fining guilty kids and removing benefits is pretty pointless: how are they supposed to save up and pay for their mistakes? Since the rioting, there have been over 1,800 arrests, two-thirds of which are of kids aged between 11 and 24 – the vast majority young men who are unemployed and unemployable.
Saturday 20 August 2011
Healthcare Locums has unveiled a rescue package that the troubled medical recruitment company hopes will enable it to solve its difficulties.
Monday 25 July 2011
Sunday 24 July 2011
A vital European summit. The stability of the global economy at stake. British jobs and wider economic interests hang in the balance. And neither the British Prime Minister nor the Chancellor was at the meeting. Nor do they seem to have made any effort to be there.
Sunday 26 June 2011
Saturday 18 June 2011
Sunday 05 June 2011
The 130-year-old construction firm that built the Bank of England and the Old Bailey was saved from collapse by private equity group Privet Capital, it has emerged.
Saturday 21 May 2011
The International Monetary Fund has called on Europe to agree a more comprehensive rescue plan to tackle the bloc's debt crisis and stump up more money to keep countries afloat.
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