CITY

RBS posts third-quarter losses

Part-nationalised Royal Bank of Scotland (RBS) has posted third-quarter losses of £1.53 billion despite slim signs of improvement at the beleaguered business.

TRANSPORT

More car dealers close in recession

Insolvencies among UK car dealers have doubled this year, according to a new report.

MONEY

Insolvency figures to hit a record

Government figures are expected to show that the number of people declared insolvent in England and Wales hit a new high during the third quarter.

Bank pumps extra £25bn into economy

Rate-setters have elected to pump an extra £25 billion into the economy amid concerns over getting the UK's faltering recovery out of recession.

ECONOMY

Quantitative easing hike predicted

Bank of England rate-setters could pump as much as £50 billion extra into the economy this week as the UK wallows in recession.

CITY

Banks carve-up to recoup bail-out

Three new high street banks are set to be created as the Government sells off the taxpayer's holdings in the sector, Alistair Darling has signalled.

ECONOMY

Slump in money growth revealed

Further action from rate-setters to kick-start the ailing economy became more likely after figures showed a record slump in money growth.

POLITICS

Recession depresses passport demand

Demand for passports has fallen by more than 10% over the past two years because of the recession, as Britons holiday at home or put off renewals until the last possible moment, a Parliamentary report reveals.

INDUSTRY

Top bosses' bonuses down by a third

Chief executives are still receiving bonuses of more than £500,000 even though the payouts have fallen by almost a third in the past year, according to new research.