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The family owned five horses and enjoyed several foreign holidays a year to Florida, the South of France, their villa in Majorca and, every New Year without fail, Barbados for two weeks. They would also eat at restaurants at least twice a week. '
Lewis Carroll , Through the Looking-Glass, and What Alice Found There (1871) I recently revisited an interesting book by evolutionary scientist Matt Ridley that was the subject of a previous blog...Continuous improvement allows living species to
ET Aberdeen Asset Management PLC is set to buy Scottish Widows Investment Partnership from Lloyds Banking Group PLC for £500 million ($803 million) in shares in a deal that could be announced Monday, according to people familiar with the deal process.
The body that owns Britain's bank stakes resisted proposals by the government to cut bonuses at Royal Bank of Scotland and Lloyds more sharply, its boss said on Tuesday. Finance Minister George Osborne had proposed steeper cuts in bankers' pay than
It could also mean some 1,000 job cuts and the closure of 15% of branches. BBC business editor Robert Peston said barring unexpected disasters, the bank's future had been secured. The move follows the discovery of a £1.5bn hole in its balance sheet
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A man waits outside the corporate headquarters of Lloyds Banking Group in the City of London August 1, 2013. Shares in Lloyds Banking Group hit a 3-year high on Tuesday amid speculation the British government could start selling down its 39 percent
More than 3500 split mortgage deals and 2000 voluntary sale deals have now been made to customers by the bank. That is up 1500 split mortgage deals at the end of June, while the number voluntary sale processes has doubled. The bank's Jeremy Masding
Mortgage arrears at the state-owned lender continued to rise over the period, but there was a slowdown in the pace at which new customers were falling behind on their debts. The number of "owner-occupied" homes where customers were three or more
Britain's Co-operative Group took a 700 million pound hit on losses for bad loans , technology problems and customer compensation as it came clean on the troubles in its banking arm as part of its plan to plug a 1.5 billion pound hole there. Co-