by Paul Foy Tesco’s plans to establish a bank could spread far beyond the United Kingdom, Edinburgh Napier News can exclusively reveal. The news comes as Tesco recently announced pre-tax profits of 1.6 billion for the first 6 months of the year. A source within the team handling the re-branding of Tesco Finance to Tesco [...]
A Government inquiry is to examine whether retail and investment banking should be separated. The suggestion of which has prompted large financial institutions, such as HSBC, to threaten to leave the UK. The proposed reforms are just one of many major changes the Independent Commission on Banking are considering in a bid to reduce ‘market [...]
If you think you could use a good laugh or some relaxation after the miserable start to this year, then Glasgow is the place to be for festival fun this March, boasting both comedy and literature events in the coming weeks. The Bank of Scotland Aye Write book festival launched this weekend and will continue until the 14th, while Magners Glasgow International [...]
by: Alexandra Tregre The Merger Action Group (MAG) has recently challenged the Lloyds TSB takeover of HBOS claiming that such action would be bad for Scotland’s already poor economy. The Merger Action Group is made up of businessmen, shareholders and bank customers alike and pose a threat to the progress that the Scottish government feels [...]
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