News by: Dylan Lobo
Markets
Inflation slide: can King swap his pen for his QE gun?
Mervyn King has had to do an awful lot of letter writing of late but April's slump in inflation to 3% has spared his blushes this time round and paves the way for more fiscal stimulus if required.
Investec Wealth & Investment profits hit by restructure costs
Investec Wealth & Investment has seen a 4.2% fall in profit on restructuring costs, while the firm's specialist banking division took a bigger hit in the tough conditions.
Coutts restructures for RDR as profits plunge
Coutts has reshaped its UK business to make sure it is prepared for the retail distribution review.
RBS to resume dividend payments
The state-owned lender has earmarked £350 million for preference share holders and is on the verge of repaying the emergency loans it received at the height of the credit crisis.
Schroders’ profit dips as inflows halve to £1.6bn
Profit at Schroders fell by 8% in the first three months of the year on the back of a halving of inflows.