Image copyright AFP Evidence has emerged of a government agency’s role in the Royal Bank of Scotland’s (RBS) controversial Global Restructuring Group (GRG). The Asset Protection Agency influenced GRG’s strategy including decisions that determined business customers’ fortunes, the BBC has learnt. Separate court evidence suggests the agency told RBS to withdraw customer support, when the …
Although TV audiences have dropped in Italy, the Italian Grand Prix is still one of the most well-attended races on the calendar Formula 1’s race organisers have expressed concerns over the future of the sport and demanded a more open approach from its owners. The F1 Promoters’ Association (FOPA), which represents 16 of the 21 …
Image copyright Getty Images Image caption The data breaches occurred at Yahoo prior to its takeover by Verizon A judge has rejected Yahoo’s attempt to draw a line under a series of breaches it experienced between 2013 and 2016. The firm had proposed a payout to lawyers acting on behalf of affected US and Israeli …
Image copyright Getty Images Veteran socialist politician George Fernandes, who served as India’s defence minister during the Kargil conflict with Pakistan, has died, aged 88. He was suffering from Alzheimer’s and had been out of the limelight for many years. He had recently contracted swine flu and died on Tuesday, his long-time associate Jaya Jaitly …
Image copyright Reuters Police in Brazil have arrested five people as part of an investigation into Friday’s dam collapse in Brumadinho. At least 65 people died when toxic sludge engulfed a company canteen and neighbouring residential buildings. Prosecutors in Brazil say three of those arrested were officials from the mining company Vale, whose responsibilities included …
Image copyright Getty Images US lobby groups for agriculture and pharmaceutical firms want UK standards changed to be closer to those of the US in a post-Brexit trade deal. The meat lobby wants the sale of growth hormone-fed beef, currently banned in the UK and EU, to be allowed in the UK. The drugs company …
Image copyright PA It may not be a return of the Beast from the East, but snow and ice are expected to cause widespread travel disruption in the UK in the coming days. Drivers have already faced delays, a number of schools in Scotland have shut, and the Met Office is predicting up to 10cm …
Image copyright PA The number of people in England and Wales going insolvent due to unmanageable debt hit a seven-year high in 2018, figures show. Personal insolvencies totalled 115,299, a 16.2% rise on 2017, the Insolvency Service said. The rise was driven by the use of Individual Voluntary Arrangements (IVAs), which hit a record level. …
Image copyright PA Passenger satisfaction with rail services has fallen to a 10-year low, according to the independent transport watchdog, Transport Focus. A survey of 25,000 people found 79% were satisfied overall with services, the lowest since 2008, with more than one in five passengers not satisfied. Worsening punctuality, last summer’s timetable chaos and strikes …
Image copyright PA Norwegian Air wants to raise £268m in a share issue to improve its balance sheet, it has announced. Billionaire John Fredriksen and the airline’s chief executive Bjorn Kjos and chairman Bjorn Kise have all agreed to underwrite the rights issue. The budget airline said it was not in talks with any potential …