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Midweek View: The Gogarburn HQ is a great monument to Mr Goodwin's vanity. The detail here is frightening, and laughable

The Business On... Martin Sullivan, Deputy chairman, Willis

So who's gone and hired one of America's 'worst CEOs'.

James Moore: RBS playing the offshoring game

Outlook Barely a week goes by without yet more job losses at Royal Bank of Scotland. Another 3,500 posts were trimmed yesterday. The total (as estimated by the Unite union) is at 21,500 since 2009. Some of the latest batch come as a consequence of the forced sale of more than 300 branches to Banco Santander. But many more are part of a continuing programme of lay-offs as Stephen Hester grapples with the wreckage left by his predecessor, Sir Fred Goodwin.

Business Diary: Romer's coded message for UK

The Obama administration can't quite help itself.

The Business On... Julius Meinl V, Chairman, Meinl Bank

A German banker?

Alistair Dawber: How incentive bar was set so low that executives could hardly fail

Earnings of executives at Britain's leading companies are largely determined by a band of part-time directors whose job it is to oversee the way a company is run and ensure that those with day-to-day control act in the best interest of shareholders.

RBS hit with huge fine for Goodwin failings

Royal Bank of Scotland suffered a major embarrassment yesterday when the state-owned bank was fined a record £5.6m by the City watchdog for failing to ensure that funds were not transferred to people under Treasury sanction.

Down but not out

Sporting defeat is painful to watch and worse to experience. But off the pitch, failure is more complex – and may even be useful, argues Hamish McRae

David Prosser: Osborne will have to look elsewhere for austerity affirmation

Outlook: A Chancellor seeking covering fire for a full-scale assault on public spending willnot find it in the OBR's pre-Budget report issued yesterday

Business Diary: Bootle claims the OECD is nuts

Never let it be said that Roger Bootle's Capital Economics does not say what it thinks, even if it subsequently remembers to moderate its language. Issuing its latest thoughts on last week's global economic outlook from the Organisation for Economic Co-operation and Development, the think-tank admits: "Our initial response to the OECD's recommendation that UK interest rates should rise to 3.5 per cent by the end of next year ('completely mad') may have been a bit extreme."

Shareholders snub Sir Stelios's call for an easyJet revolt

Sir Stelios Haji-Ioannou, who last week resigned from the board of easyJet in a dispute over strategy, is now facing a struggle to persuade other investors to join his activist campaign.

In The Spotlight: Stephen Hester, RBS

The career banker charged with putting RBS back in the hunt

RBS accepts calls to alter executive bonus scheme

Royal Bank of Scotland was forced into an embarrassing climb-down over its executive remuneration policy yesterday, bowing to shareholder pressure to make bonus targets tougher.

Exclusive: Fred Goodwin’s banker quits for retirement

Matthew Greenburgh, the man dubbed Fred Goodwin’s banker after advising on a string of deals for the former Royal Bank of Scotland chief executive, has today quit Bank of America Merrill Lynch

David Prosser: Who's next at M&S

Outlook So farewell then, Sir Stuart Rose – or at least it will be when Marks & Spencer's executive (soon to be non-executive) chairman finally bows out of the company next March. Who, though, is the right man, or woman, to succeed Sir Stuart?

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Prices correct as of 17 April 2015
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence
Public relations as 'art'? Surely not

Confessions of a former PR man

The 'art' of public relations is being celebrated by the V&A museum, triggering some happy memories for DJ Taylor
Bill Granger recipes: Our chef succumbs to his sugar cravings with super-luxurious sweet treats

Bill Granger's luxurious sweet treats

Our chef loves to stop for 30 minutes to catch up on the day's gossip, while nibbling on something sweet
London Marathon 2015: Paula Radcliffe and the mother of all goodbyes

The mother of all goodbyes

Paula Radcliffe's farewell to the London Marathon will be a family affair
Everton vs Manchester United: Steven Naismith demands 'better' if Toffees are to upset the odds against United

Steven Naismith: 'We know we must do better'

The Everton forward explains the reasons behind club's decline this season
Arsenal vs Chelsea: Praise to Arsene Wenger for having the courage of his convictions

Michael Calvin's Last Word

Praise to Wenger for having the courage of his convictions