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DAILY TELEGRAPH Western female doctors kidnapped in Afghanistan - Wed, 23 May 2012 09:34:11 GMT
Western female doctors kidnapped in Afghanistan - Wed, 23 May 2012 09:44:48 GMT
FINANCIAL TIMES Morgan Stanley subpoenaed over IPO - Tue, 22 May 2012 18:10:04 GMT
Morgan Stanley subpoenaed over IPO - Tue, 22 May 2012 23:25:24 GMT
BBC NEWS BBC News - Business - Wed, 23 May 2012 09:23:06 GMT
BBC News - Business - Wed, 23 May 2012 09:33:05 GMT
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RBS to lend an extra £6 billion
Speaking on BBC Breakfast this morning the Chancellor Alistair Darling said that Royal Bank of Scotland (RBS), had in return for extra government support in the wake of its announcement of large losses, agreed to lend an extra £6 billion.
RBS has said it is likely to lose up to £8 bn for the current year, excluding any writedowns in its holding in ABN Amro which it bought in the previous year.
RBS also said it had agreed with the Treasury to swap the £5bn of preference shares the government holds for new ordinary shares, which will mean the government will now own nearly 70% of the company, up from 58%.
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