Peter Anscomb, the former head of hotel finance at RBS, has been hired as a senior corporate director by Raddison Blu’s Edwardian London. The travel and hospitality specialist has been brought in to the hotel chain to aid with overseeing the financial management of the Manchester and London branches of the Raddison Blu Edwardian portfolio. [...]

Ross McEwan, the Royal Bank of Scotland’s recently appointed head of UK retail banking, will take up his post at the beginning of September after Brain Hartzer’s departure from the company in June. Native New Zealander McEwan formally ran the retail banking operation of Commonwealth Bank of Australia, the country’s largest retail lender with over [...]

  This is the 6th edition of our look at business case studies and this month we are looking at Recruit 121. Overview Recruit 121 is a SAP staffing specialist both in the UK and US with offices in Chicago, Cardiff, Amsterdam and California. The business prides itself on being flexible and connecting great businesses [...]

  In this, the fifth in our series of business case studies we are focusing on Sirdar Spinning, a Wakefield-based producer of branded yarns and designs for hand knitting in the UK. Sirdar Spinning,  the leading producer of branded yarns and knitting designs within the UK was founded in Ossett in 1880 as Harrap Brothers, [...]

  We have been hearing a lot recently about Chief Executives and their bonuses but what has been happening? Today Stephen Hester, RBS boss, has spoken out after rejecting his near £1m bonus. When asked why he turned down the bonus, he said: “I took the judgement that it was going to be damaging for [...]

In this is the fourth edition of our monthly business Case Study, we focus on United Polymers, a thermoplastics manufacturer based in Coventry. United Polymers specialise in the manufacture and distribution of several types of plastics and polymers to the injection moulding industry.  The company has a strong customer base in this industry and is [...]

The RBS bank has reported a statutory loss before tax of £794million after suffering losses from its exposure to the Greek Financial Crisis and from the Payment Protection Insurance (PPI) Scandal. The news follows an announcement from the Lloyds Banking Group who also reported pre-tax losses of £3.3bn over the past 6 months. RBS’s loss comes [...]

Image via Wikipedia Could this be the clearest indication yet that banks have admitted defeat in the long running bank charges saga? In a surprise move, the taxpayer-owned RBS-Natwest group has announced it will be slashing charges related to overdrafts – breaking ranks with the rest of the banking industry. With a decision on whether [...]