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Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...Scheme members that come over will not become Royal London members, he said, but argued they would benefit from the “long-term thinking that you get as a mutual”....
March 18, 2024
Lloyds Banking Group PLC
Lloyds backs fund for local non-profit lenders
...It will be managed by Social Investment Scotland, itself a CDFI, and will invest in three others institutions: BCRS Business Loans, Business Enterprise Fund and Finance For Enterprise....
March 4, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
War in Ukraine
Russia scrambles to cover ballooning cost of Ukraine war
...That “voluntary donation” will increase next year from 10 per cent to 15 per cent of the value of the sale of their Russian business....
October 5, 2023
LexUK retail industry
The lessons from UK supermarkets’ misadventures in banking Premium content
...In 2008, just months before its partner was nationalised, Tesco bought out Royal Bank of Scotland — now NatWest — for £950mn....
January 18, 2024
ReviewTheatre
David Greig’s new play Two Sisters struggles to convince — review
...Playwright David Greig assumed the role of artistic director of the Royal Lyceum Theatre in 2016. For eight years, he has refrained from programming his own plays, opting to adapt or direct instead....
February 16, 2024
Investments
Investors’ Chronicle: Central Asia Metals, Bioventix, Kingfisher
...In its search for growth, Central Asia Metals has invested in an explorer of a largely untouched mining region: Scotland....
March 29, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Inside Politics
Gaza interventions by prince and Starmer will lead both to regret
...There’s the direct battle with the SNP for these voters in Scotland, with the Greens in Bristol Central and Brighton Pavilion, and with the likes of George Galloway and Lutfur Rahman in seats such as Rochdale...
February 21, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Ross McEwan to step down as chief of National Australia Bank
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
February 6, 2024
Letter
Letter: Tartan tat undersells Scottish produce’s quality
...As a Scottish expat who has returned to Scotland, I despaired so much that I set up an online marketplace selling beautiful, sustainable Scottish-made products....
November 17, 2023
UK defence
UK delays departure of second aircraft carrier set for Nato exercise
...It will instead head to Rosyth in Scotland to receive repairs to address “wear and tear”, the Royal Navy said in a message posted on social media platform X on Saturday....
February 11, 2024
ReviewStyle
Knitwear label John Smedley wants to bring manufacturing home
...The brand first went offshore with key product lines such as tailoring and trousers in early 2000 following the closure of its factories in Scotland....
April 24, 2024
King Charles III
Endangered flora and fauna to emblazon new UK coins
...The last such redesign in 2008 featured the shield of the royal arms....
October 12, 2023
UK politics
Scotland’s first minister criticises Israeli blockade of Gaza
...Scotland’s first minister has said Israel’s siege of Gaza has gone “too far”, describing its cutting off the supply of water and electricity to the enclave as collective punishment that “cannot be justified...
October 13, 2023
John Wood Group PLC
Activist investor calls on Wood Group to consider New York listing
...Founded in 1982 and with headquarters in Scotland, Wood is a consulting and engineering group in the energy and material sectors....
April 16, 2024
News in-depthSocial affairs
Support for change in law on assisted dying grows across the UK
...Because of the different rules in other parts of the UK, a patient would have to be resident of Scotland for at least a year to be eligible for assisted dying....
April 6, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
888 Holdings PLC
Gambling group 888 to change name to evoke
...Fund management group Standard Life Aberdeen was mocked for shortening its name to Abrdn in 2021 while Royal Mail eventually reversed a decision to rebrand as Consignia....
March 26, 2024
Prince Harry
Prince Harry awarded £140,600 damages in Mirror Group hacking case
...He was the first royal to give evidence in a court of law since the 19th century during High Court proceedings in the Mirror case in June....
December 15, 2023
Chess
Hastings plans to revive its vintage years
...Scotland’s best talent, Freddy Waldhausen Gordon, 13, missed an IM norm by just half a point, as he and Royal prepared for their opponents together....
January 8, 2024
NatWest Group
UK government ceases to be NatWest’s controlling shareholder
...The British government has owned the majority of NatWest, which used to be called Royal Bank of Scotland, since it was rescued at the height of the financial crisis with a £46bn bailout....
March 25, 2024
LexCarnival PLC
Carnival: plain sailing for cruise operators
...Carnival and Royal Caribbean, the two sector leaders, are among the top 10 performers on the S&P 500 this year....
December 22, 2023
LexInsurance
UK’s pension buyout boom leaves insurance investors wanting more Premium content
...Finding enough of these could get harder, especially as competition and scrutiny mount. Royal London, another UK life insurer, said Friday it would enter the bulk annuities market in earnest....
March 8, 2024
Due Diligence
Diss from a Rose sealed NatWest CEO’s fate Premium content
...The bank, once called Royal Bank of Scotland, was one of the big calamities of the 2008 financial crisis and was rescued by a £46bn government bailout that saw the UK Treasury take an 84 per cent stake....
July 27, 2023
Victoria PLC
How an alleged ex-gang member is tied to royal carpet maker Victoria
...Rugs to riches The Karims of Keighley have done rather well out of Victoria plc....
November 7, 2023
FT Wealth Management
Investment managers resist short-term profits from fossil fuels
...Mike Fox, head of sustainable investment at Royal London Asset Management, acknowledges that such interruptions to the shift to clean energy “can create short-term opportunities for investors in industries...
January 10, 2024
Close Brothers Group PLC
Close Brothers launches £400mn capital plan in response to car finance probe
...Analysts at Royal Bank of Canada estimated that Close Brothers would be hit with a £250mn redress bill....
March 19, 2024

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