Business lending drops in October as BoE adjusts Funding for Lending

Just a day after Mark Carney overhauled the Funding for Lending scheme to refocus it on business finance only, new Bank data has shown a fresh drop in lending to UK businesses.

RBS to decide on branch sale plan in July: Sources

LONDON: Royal Bank of Scotland will make a decision on how to offload hundreds of branches it has been ordered to sell by European regulators in the next month, industry sources told Reuters on Friday.