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Royal Bank of Scotland announces seventh consecutive yearly loss
Banking Giant Royal bank of Scotland announced a loss in profits for seventh consecutive year as the bank made losses of £3.5billion.
This did not stop the bank splashing out £421million in bonuses given throughout it staff....

Payday loans lender Wonga to axe 300 jobs to fall in line with changing industry
Payday lender Wonga has announced a huge cost-cutting plan, which is hoped, will save the company £25million and will see the departure of 300 jobs.
The move has come as the company bounces back from new regulations to clean up an industry which played by its own rules....

Heathrow profits fall 10% as airport waits for runway announcement
Heathrow profits have fallen 10% as the airport continue to battle its case to get the money for a runway extension, which it is furiously battling Gatwick for as the day of the announcement draws near....

Sony’s three year plan to return to profit
Technology giant Sony has said it will spin off its video and audio business into separate companies in an attempt of returning to profit.
The firm plans to achieve a profit margin of around £2.17billion over the course of the three-year plan, Sony also announced that it plans to shrink its head office as part of the restructuring....