Business

RBS warns of Brexit harm as profits double

Media playback is unsupported on your device Media captionRoss McEwan, boss of RBS Royal Bank of Scotland has reported profits of £1.62bn for 2018, more than double the £752m it made a year earlier. RBS chief Ross McEwan called the results “a good performance in the face of economic and political uncertainty”. Mr McEwan said […]

Business

Which banks do customers love or hate?

Image copyright Getty Images Metro Bank has taken top spot in an official survey of customers’ satisfaction with their banks, with the Royal Bank of Scotland ranked bottom. Despite Metro’s share price having been hit, in part, by errors in the way it accounted for some of its lending, the bank overtook First Direct to […]

Business

UK retail sales bounce back in January

Image copyright Getty Images Retail sales bounced back sharply in January, rising by 1% on the previous month, official figures showed. The Office for National Statistics (ONS) said the amount of goods sold rose by 1%, after falling by 0.7% in December, with discounts in clothing helping to boost sales. Compared with a year ago, […]

Business

Death certificate to treble in price

Image copyright Getty Images The price of a getting a death certificate will nearly triple from this weekend in England and Wales. Families registering a death will be charged £11 from Saturday for each certificate, up from £4. Costs for birth and marriage certificates are changing as well, but pricier death certificates will have the […]

Business

Butlers in the Buff wins trademark case

Image copyright Butlers in the buff Image caption Butlers in the Buff was set up in 2001 and now operates in the UK, USA, Canada and Australia A company providing semi-naked men to serve drinks and food at parties has successfully stopped another firm using its trademark. Bristol-based Butlers in the Buff (BITB) settled out […]

Business

Patisserie Valerie rescue saves 2,000 jobs

Image copyright Reuters Patisserie Valerie is being bought out of administration in a deal that will save nearly 2,000 jobs. The management team at the coffee and cake chain has secured backing from investment firm Causeway Capital to take over 96 shops. Sister brand Philpotts has also been sold in a separate deal, saving a […]

Business

Airbus scraps A380 superjumbo jet as sales slump

Image copyright EPA European aircraft manufacturer Airbus has pulled the plug on its struggling A380 superjumbo, which entered service just 12 years ago. Airbus said last deliveries of the world’s largest passenger aircraft, which cost about $25bn (£19.4bn) to develop, would be made in 2021. The decision comes after Emirates, the largest A380 customer, cut […]

Business

Haynes motor manual founder dies aged 80

Image copyright Haynes Image caption John Haynes started the firm which went on to sell 200 million manuals The founder of the Haynes motor manuals – known for their distinctive “exploding” diagrams – has died aged 80. John Haynes started the firm after helping fix an Austin Healey Sprite and realising the official manual was […]

Business

Family gangs ‘exploit pension savers’

Image copyright Getty Images Fraudster families are spearheading attempts to steal pension savings totalling millions of pounds, investigators have said. Married couples and their adult children have been identified as leading crime groups involved in the fraud by those tackling the scams. They try to steal life savings or persuade people to invest in high-risk […]