News

"Extreme" allegations that Royal Bank of Scotland tipped viable businesses into bankruptcy were described as "plausible" because of its "flawed" structure by a former deputy governor of the Bank of England yesterday.

Cheques to decline further as guarantee system ends

Banks will no longer underwrite cheques from 30 June, making it easier to lose money on bounced cheques. Julian Knight investigates

David Prosser: The tortuous path to transparency in the case of Royal Bank of Scotland

Outlook The curious affair of the Financial Services Authority's report into Royal Bank of Scotland continues. The good news – at least for those of us who believe in accountability and transparency – is that an abridgedversion of the report at least will eventually be published. That did not look likely back in December when the FSA announced its inquiries into the near-collapse of the bank had concluded and that no action would be taken against any of the individuals involved. The regulator initially refused to make its workings public.

Walker and Knight asked to review FSA report on RBS

The potentially explosive report into the near-collapse of Royal Bank of Scotland will be delayed by many months after MPs yesterday appointed independent experts to review the Financial Services Authority's findings.

FSA in disarray over RBS report

The Financial Services Authority is poised to admit its report into the near-collapse of Royal Bank of Scotland in 2008 could be delayed indefinitely. The City watchdog was due to publish its report at the end of March into the crisis that led to the Government bailing out RBS with £45bnbut there is still no timetable forit to appear.

Business Diary: Miller puts the past behind him

Alan Miller is a widely respected fund manager in the City, but is probably best known beyond the Square Mile for his exceptionally messy divorce from his wife Melissa – she got £5m in a judgment that he appealed all the way to the House of Lords before losing. It's good to see the episode hasn't put Miller off women. Interviewed in the latest issue of Spear's magazine, Miller reveals he has only two personal speed dial numbers on his phone: "The two most important women in my life – my [new] wife and my mum."

Julian Knight: Katherine 'the Great' needs more discipline

Tired and underperforming are two words that spring to mind when the UK's biggest investment trust, the Alliance trust, is mentioned.

Simon Read: Understand the risks before choosing ETFs

Exchange Traded Funds are sold as a low-cost way to invest in a wide range of different investments. They are similar to tracker funds in that they are passive investments. But problems are beginning to be voiced about just what the underlying investments are, and are they safe.

Committee to reopen cheques inquiry

Banks were accused today of ignoring the needs of millions of vulnerable people by pressing ahead with plans to phase out cheques.

Tyrie livid as Knight refuses to face TSC

In an angry exchange of letters, Andrew Tyrie, the head of one of Parliament's most powerful committees, describes the decision by Angela Knight, the head of the British Bankers' Association, not to appear before or to respond to the committee's inquiry into competition in the industry as "incomprehensible".

Stop the Budget leaks, MPs warn Treasury

MPs today deliver a stinging rebuke to the Treasury over its habit of leaking eye-catching parts of the Budget in advance, calling for an end to the "corrosive" practice.

Business Diary: Where have all the men gone?

Our congratulations to the 16 personal assistants named yesterday on the shortlist for the Hays PA of the Year Award.

City nervous ahead of bank reform report

Shares in the UK's high street banks are likely to come under pressure again this week as the City digests the Treasury Select Committee's latest proposals for more competition in the sector ahead of next week's interim report from the Independent Commission on Banking.

Uncompetitive, dishonest: MPs' verdict on UK banks

More than a decade after the Cruickshank Report slammed Britain's banks as uncompetitive, little has changed, say MPs

MPs call for inquiry into tax avoidance by companies

MPs are pressing for a Commons inquiry into levels of tax avoidance by multinational companies.

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Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

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Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

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Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

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French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

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Cuba to stage first US musical in 50 years

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Christmas 2014: 10 best educational toys

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Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

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Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

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Sol Campbell cries foul at Labour's mansion tax

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