Penalties and charges plunge RBS into Q2 loss
Tracker probe charge also affects Ulster Bank figures
Royal Bank of Scotland, Britain’s largest taxpayer-owned lender, posted a larger loss than estimated in the second quarter as it set aside more money to cover a lawsuit over its 2008 share sale.
The net loss of £1.08 billion compared with a £280m profit a year earlier, and was bigger than analysts had expected. The loss was driven by £1.28 billion of penalties and litigation charges, mostly tied to the rights issue lawsuit and...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
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Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures