Royal Bank of Scotland’s sell-off chief prepares to close down

Rory Cullinan, brought in to get rid of RBS’s bad loans and over-ambitious expansion, has almost finished his job• Click to see the graphic of RBS disposals in fullJust outside Rory Cullinan’s office hangs a vast graphic display: five metres long, covered in brightly coloured bubbles, each filled with big numbers and carrying names such […]
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Luminar staff and clubbers to lose £15,000 from injury claims

Administrators say 123 claims for personal injury at failed nightclub chain will take hit on any successful claimUp to 123 clubbers, doormen and bar staff who brought personal injury claims against Luminar before Britain’s biggest nightclub group went bust 18 months ago will lose almost all of the first £15,000 of their claims, according to […]
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Minister places export bar on necklace linked to 19th-century princess

Ed Vaizey says he hopes UK buyer will be found for rare necklace that shines light on story of Princess CharlotteThe arts minister Ed Vaizey has placed an export bar on a rare gold and peridot necklace which shines a fascinating light on the troubled and tragic life of a woman who is now seen […]
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Interest-only customers warned against claims management companies

Mortgage industry braced as claims management firms raise prospect of mis-sold interest-only mortgagesHomeowners who have interest-only mortgages are being warned to steer clear of companies offering to help them make claims for mis-selling against their lender or broker.Claims management companies, many of which have previously concentrated their efforts on the PPI mis-selling scandal, have been […]
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Why do I have to pay commission to my former estate agent?

Q In 2010 I put my house on the market with an estate agent. The contract gave him sole agency. Over the years we had a few viewings but I had to keep contacting him to reduce the price.In September 2012 I decided he’d had enough chance to sell the house so I got another agent […]
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Manchester United sell naming rights to training ground for £150m

• Club secure eight-year agreement with Aon• United ‘will never sell naming rights to Old Trafford’Manchester United have sold the naming rights to their training ground as part of a sponsorship deal with the insurance firm Aon, the club’s current shirt sponsors, estimated to be worth $230m (£150m).The eight-year agreement with Aon starts in July […]
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SSE customer compensation: key questions answered

After Ofgem imposed a £10.5m fine and urged users of the energy company to contact the firm, we answer your questionsThe utility firm SSE has been fined £10.5m for “prolonged and extensive” mis-selling in what is the largest ever penalty imposed on an energy provider. Here we find out what will happen to customers who […]
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Harlequin has sold thousands of homes in Caribbean – but few have been built

Property developer at centre of Panorama row has attracted investors’ angerIn the bars and on the bulletin boards of Barbados the word Merricks is frequently mentioned. A village on the island’s blustery south-east coast, it is also home to the eponymous “luxury” resort being developed by Harlequin Property.The football pundit Andy Townsend, who acts as […]
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Financial Conduct Authority may ban harmful products

New regulator hopes to avoid repetition of PPI scandal by looking at design of financial products as well as marketingBritain’s new financial watchdog has pledged to clean up the financial services sector by using new powers to suspend or ban products if they appear harmful to consumers.The Financial Conduct Authority (FCA), which takes over from […]
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Brighter Futures Workshops LTD is the latest Big Society Award Winner

Brighter Futures Workshops, based in Skelmersdale, West Lancashire is the latest social enterprise to have won a Prime Minister’s Big Society Award. The organisation helps young, disabled and disadvantaged people gain life skills and independence by recycling mobility equipment which is then sold to those in need. The workshop enhances the lives of people with […]
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