News

Government adviser reveals his frustration at talk of bank kindness to zombie businesses

Aldermore bank joins Help to Buy scheme

One of Britain's newest banks has became the latest lender to launch products under the Government's extended Help To Buy scheme.

Anthony Hilton: We may have led the MCC a merry dance with this festive gathering

I have watched a fair amount of cricket at Lord’s over the years but, until Monday night, only once been in the pavilion and never even set foot in the Long Room, still less eaten there. The occasion was the Christmas celebration of the 30 Club, which is an invitation-only dining club whose core members are drawn from the top people in the media advertising and marketing.

Outlook: Back-to-the-future banking on the cards at HSBC – or is that Midland?

Outlook: The bank has reportedly sounded out investors about the partial flotation of its UK bank

What the Sunday Papers Said

Independent on Sunday: Standard Chartered board split over rights issue

Standard Chartered’s board is divided over whether a rights issue is needed to strengthen its balance sheet after a tough year’s trading in emerging markets. The need for a cash call has been discussed privately between directors rather than at a formal board meeting.

Mobiles growth to push UK ad spend to $24bn by 2016

Global advertising spend is set to hit a new record high in each of the next three years, marking the “strongest sustained period of growth in 10 years”, according to a leading media-buying agency.

The Business Matrix: Monday 9 December 2013

Royal Mail set to join FTSE 100

FirstGroup appoints Aviva boss John McFarlane new chairman

FirstGroup has named City stalwart John McFarlane as its new chairman.

The News Matrix: Thursday 5 December 2013

Hope for dementia drug breakthrough

Labour targets Treasury minister over role at Libor scandal bank

Javid had job at bank that is one of those hit by record fine for cartels' conspiracy

Banks fined record £1.4bn over rate rigging scandal

The European Commission has fined five international banks, including Royal Bank of Scotland, and a broker a record 1.7 billion euros (£1.4 billion) for rigging crucial interest rate benchmarks.

The News Matrix: Wednesday 4 December 2013

Court warning for social networkers

James Moore: How much longer can this crumbling house of horrors stay in one piece?

Outlook Yes, Royal Bank of Scotland is facing a scandal (again). It's an IT snafu this time (another). And Ross McEwan, the chief executive, has said he's very sorry (again) while describing it as "unacceptable". In that he's aping Supernanny Jo Frost, the Channel 4 childcare "specialist", whom it was at one time impossible to avoid. Sadly, it seems it will take more than the ubiquitous Ms Frost and her patented naughty step to turn this recalcitrant child around.

'We are deeply sorry for the inconvenience,' said Susan Allen, RBS director of customer relations

NatWest and RBS Cyber Monday card glitch:
Bank faces millions of pounds of compensation claims after chief executive admits 'decades' of under-investment in IT systems

Technical failure left customers unable to use credit and debit cards for three hours while the banks’ websites and smartphone apps were also affected

Outlook: The market has greeted allegations about RBS with relative equanimity

Outlook Is Derek Sach going to get a share of the £500m Royal Bank of Scotland is preparing to pay out in bonuses this year? It's an interesting question.

RBS bankers in line for £500 million bonus payout despite SMEs scandal

Royal Bank of Scotland is expected to reward its bankers £500 million in bonuses this year, despite being embroiled in a series of scandals over its lending practices.

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Mullah Omar, creator of the Taliban, is dead... for the fourth time

Mullah Omar, creator of the Taliban, is dead... again

I was once told that intelligence services declare their enemies dead to provoke them into popping up their heads and revealing their location, says Robert Fisk
Margaret Attwood on climate change: 'Time is running out for our fragile, Goldilocks planet'

Margaret Attwood on climate change

The author looks back on what she wrote about oil in 2009, and reflects on how the conversation has changed in a mere six years
New Dr Seuss manuscript discovered: What Pet Should I Get? goes on sale this week

New Dr Seuss manuscript discovered

What Pet Should I Get? goes on sale this week
Oculus Rift and the lonely cartoon hedgehog who could become the first ever virtual reality movie star

The cartoon hedgehog leading the way into a whole new reality

Virtual reality is the 'next chapter' of entertainment. Tim Walker gives it a try
Ants have unique ability to switch between individual and collective action, says study

Secrets of ants' teamwork revealed

The insects have an almost unique ability to switch between individual and collective action
Donovan interview: The singer is releasing a greatest hits album to mark his 50th year in folk

Donovan marks his 50th year in folk

The singer tells Nick Duerden about receiving death threats, why the world is 'mentally ill', and how he can write a song about anything, from ecology to crumpets
Let's Race simulator: Ultra-realistic technology recreates thrill of the Formula One circuit

Simulator recreates thrill of F1 circuit

Rory Buckeridge gets behind the wheel and explains how it works
Twitter accused of 'Facebookisation' over plans to overhaul reverse-chronological timeline

Twitter accused of 'Facebookisation'

Facebook exasperates its users by deciding which posts they can and can’t see. So why has Twitter announced plans to do the same?
Jane Birkin asks Hermès to rename bag - but what else could the fashion house call it?

Jane Birkin asks Hermès to rename bag

The star was shocked by a Peta investigation into the exotic skins trade
10 best waterproof mascaras

Whatever the weather: 10 best waterproof mascaras

We found lash-enhancing beauties that won’t budge no matter what you throw at them
Diego Costa biography: Chelsea striker's route to the top - from those who shared his journey

Diego Costa: I go to war. You come with me...

Chelsea's rampaging striker had to fight his way from a poor city in Brazil to life at the top of the Premier League. A new book speaks to those who shared his journey
Ashes 2015: England show the mettle to strike back hard in third Test

England show the mettle to strike back hard in third Test

The biggest problem facing them in Birmingham was the recovery of the zeitgeist that drained so quickly under the weight of Australian runs at Lord's, says Kevin Garside
Women's Open 2015: Charley Hull - 'I know I'm a good golfer but I'm also just a person'

Charley Hull: 'I know I'm a good golfer but I'm also just a person'

British teen keeps her feet on ground ahead of Women's Open
Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

Our choice is years of Tory rule under Corbyn or a return to a Labour government

Yvette Cooper urged Labour members to 'get serious' about the next general election rather than become 'a protest movement'