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Royal Bank of Scotland Announce First Half Profit

Royal Bank of Scotland Announce First Half Profit

Aug. 6 | Royal Bank of Scotland moved announced that it was in profit today, taking the total profits of the banking sector to £15.5bn in the first half of the year.

Judge Rules That Conrad Black Must Stay In US After Prison Release

Judge Rules That Conrad Black Must Stay In US After Prison Release

Jul. 22 | The former owner of The Daily Telegraph, Conrad Black was released from prison after a judge ordered his release from a Florida jail. The disgraced peer was freed from a low-security prison on bail of $2m.

Santander Considers Floatation Of Its UK Banking Operations In London

Santander Considers Floatation Of Its UK Banking Operations In London

Jul. 22 | The Spanish bank has plans to put 20 per cent of Santander UK on the stock market. The move could see them raise a potential £3 Billion.

Durex Makers Bought For £2.5 Billion

Durex Makers Bought For £2.5 Billion

Jul. 21 | The makers of Durex condoms, SSL International, have agreed terms to be sold to Reckitt Benckiser. The deal is understood to be to the value of £2.5 billion.

Ocado Rubbishes Talk That It Needs More Cash

Ocado Rubbishes Talk That It Needs More Cash

Jul. 21 | After shares in Ocado fell nearly 14% upon the first day of stock market trading, analysts have warned that the business will need an injection of funds before it stands a chance of breaking even.

Axa Sells UK Life Assurance Business

Axa Sells UK Life Assurance Business

Jul. 19 | The French insurance company Axa has agreed to sell it’s UK life assurance business in order to buyout fund Resolution for £2.75bn.

Paydal Power Eases Lending Rules For Low Income Earners

Paydal Power Eases Lending Rules For Low Income Earners

Jul. 8 | Payday Power offers a same day payday loans service online and aims to pay borrowers their loans directly into their debit card accounts within 1 hour on the same day they apply. It has partnered with around 16 same day lenders and so offers applicants...

Swinton Commercial Hails Rise in Van Insurance Policies Following Surge in UK Sales

Swinton Commercial Hails Rise in Van Insurance Policies Following Surge in UK Sales

May. 24 | Van insurance retailer Swinton Commercial has welcomed news of the uplift in van sales in the first quarter of 2010.

GM Reaches Agreement with Pacific Century Motors on the Sale of Nexteer Automotive

GM Reaches Agreement with Pacific Century Motors on the Sale of Nexteer Automotive

May. 7 | General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and an affiliate of the Beijing Municipal Government, today announced they have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known...