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Bailed-out banks forced into branch sell-off

By Alex Stevenson Britain’s banking sector faces further convulsion in the coming months after it emerged bailed-out banks RBS and Lloyds are being forced to sell branches by the European Commission. Ten per cent of the retail banking industry is being freed up as a result of European competition rules, after RBS and Lloyds were… Read more »

All eyes on Kelly as expenses haunt parliament

By Ian Dunt The shadow of the expenses crisis hangs over parliament today as MPs await the publication of the Kelly review and letters demanding payment from Sir Thomas Legg. A small group of MPs will be receiving letters from Sir Thomas throughout the week. Those who were unable to show him mortgage interest statements… Read more »