News

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

RBS no longer a 'bust bank' as it appoints new chief executive Ross McEwan

The 81 per cent taxpayer-owned bank announced swing into profits of £1.4bn under outgoing boss Stephen Hester

RBS set to name Kiwi Ross McEwan as chief executive

The 56-year-old's appointment would see a shift in focus towards retail banking and away from riskier investments

James Ashton: Dictating strategy from despatch box won't help Centrica keep the lights on

Outlook Complaints from senior politicians over profiteering, criticisms that bosses treat customers poorly – the predictable reactions to Centrica's results get more and more like those that afflict the Royal Bank of Scotland.

RP Martin pair in court to hear Libor charges

Two former RP Martin brokers appeared in court yesterday before a trial into the alleged manipulation of the London interbank offered rate.

Market Report: Barclays eyes a £5bn share sale to plug hole

Banks have disappointed government and they have disappointed the public, and yesterday Barclays disappointed the City. This time, the crushing disappointment wasn’t due to mis- selling or big bonuses – Barclays yesterday frustrated the Square Mile when it emerged it will pursue a £5bn-plus rights issue to plug the perceived hole in its balance sheet that the Bank of England’s capital requirements have revealed.

Do watchdogs have  the stomach to take on the likes of Deloitte?

Outlook: Accountancy’s Big Four have the financial clout and the wherewithal to fight their regulator

What the Sunday Papers said…

The Independent on Sunday: Regulator accused of £110m error

The Business Matrix: Monday 29 July 2013

£1m fund to help creative firms

RBS 'casino bank' fined £5.6m over misreporting

Double blow for bank after front-runner for Stephen Hester's job rules himself out

RBS hit with £5.6m fine over reporting failures on 45 million transactions

Taxpayer-backed bank failed to properly report almost 45 million deals on wholesale money markets

James Moore: Why RBS is right to bank on an insider as it seeks its new man at the top

Outlook: An internal candidate like McEwan knows where all the bodies are buried

UBS pays millions to settle US mortgage mis-selling claim

UBS, the Swiss bank that employs thousands of people in the City, has agreed to settle a multimillion-dollar legal case brought against it for selling mortgage-based investments which went bad in the financial crisis.

A sharp hike in the price of aluminium can destabilise the world's economy

Goldman Sachs in spotlight over 'aluminium price-hike' scandal

Financial giant is accused of exploiting rules over metal warehousing in order to manipulate commodity prices

This painting of French artist Lucien Pissarro by J B Manson is worth up to £30,000 and can now be sold to pay for dementia care

Council wins right to sell heirlooms to fund a father’s care

A man has lost his battle to prevent family heirlooms, including a painting by Lucien Pissarro worth up to £30,000, from being seized to fund his father’s care.

Market Report: ECB rule change is good news for RBS

Frankfurt rarely issues diktats that are helpful to the UK’s banks, but yesterday a rule change meant that taxpayer-backed Royal Bank of Scotland was the order of the day for investors. News of a change to the way the European Central Bank views loans on banks’ balance sheets helped RBS up nearly 4 per cent.

Arts and Entertainment
Sydney and Melbourne are locked in a row over giant milk crates
art
News
Kenny Ireland, pictured in 2010.
peopleActor, from House of Cards and Benidorm, was 68
News
A scene from the video shows students mock rioting
newsEnd-of-year leaver's YouTube film features staging of a playground gun massacre
Travel
travel
Voices
A family sit and enjoy a quiet train journey
voicesForcing us to overhear dull phone conversations is an offensive act, says Simon Kelner
News
i100This Instagram photo does not prove Russian army is in Ukraine
News
Morrissey pictured in 2013
people
Sport
sportVan Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Environment
View from the Llanberis Track to the mountain lake Llyn
Du’r Arddu
environmentA large chunk of Mount Snowdon, in north Wales, is up for sale
Life and Style
Martha Stewart wrote an opinion column for Time magazine this week titled “Why I Love My Drone”
lifeLifestyle guru Martha Stewart reveals she has flying robot... to take photos of her farm
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices