UK and US authorities have fined Royal Bank of Scotland (RBS) £390m for its part in the Libor rate-fixing scandal.
The UK's Financial Services Authority issued a fine of £87.5m, while about £300m will be paid to US regulators and the US Department of Justice. The fines are £100m more than those issued to banking rival Barclays last year for similar offences.
RBS chairman Sir Philip Hampton said it was a "sad day" for the bank.
Commenting on the announcement, Richard Ayre, chairman of the Institute of Directors in the South West, said:
A £1 million contract to develop a new consumer champion for Devon has been awarded by Devon County Council to the Community Council of Devon, an independent local charity.
The Exeter Daily, Exeter's only online newspaper powered by the people, is already a huge success - with over 35,000 unique users & 175,000 page views since launching in October 2012, and usage is increasing by almost 40% month on month!
With our unique 21st century proposition - local people publishing local news - the average user spends a great deal of time either writing articles or looking at news, events and articles on The Exeter Daily website. This presents a fantastic opportunity for advertisers and sponsors looking to reach a more engaged audience. And as we know our...
Exeter Chiefs head coach Rob Baxter has today confirmed that fly-half Ignacio Mieres is to leave the Aviva Premiership club at the end of the season and join rivals Worcester Warriors.
Imagine you have just come out of hospital and are worried about how you are going to cope at home. Imagine you are afraid of being a burden or don’t have any family or friends living nearby to help. This is a crisis faced by many people leaving hospital and this week the British Red Cross in Exeter has launched a new service to help.
Funded by the NHS, the Exeter Red Cross home from hospital service is a six-month pilot providing valuable short-term care and support in the home for people after an accident or illness, giving them the confidence to continue their daily lives....
Valentine’s Day is fast approaching, a day when traditionally chocolate, flowers and gifts are exchanged between loved ones. Maybe you’re planning a romantic candlelit meal at home?
Without wishing to put out the fire of passion, Devon & Somerset Fire & Rescue Service would like to remind you of some fire safety tips in the home. With 57% per cent of fires starting in the kitchen during 2012, it is all too easy to get distracted when cooking your loved one a special meal, especially after a drink.
Rather than ruining a romantic moment, keep the fire safety tips...
Persimmon Homes will be the first housebuilder in Devon and Cornwall to offer prospective home buyers access to the Government’s FirstBuy 2 scheme after signing up with the Homes & Communities Agency.
Nationally, 281 of the group’s Persimmon and Charles Church developments will offer the scheme, with a possibility of further sites being added at a later date. Across the South West region at least ten of the developments will offer the scheme. Home buyers can reserve their new home using the scheme from this week for legal completions from 1st April, 2013 to 31st March, 2014....
All dogs in England will need to be microchipped to help tackle the growing problem of strays roaming the streets, Environment Secretary Owen Paterson announced today.
Exeter-based low cost airline Flybe has today (6th February) announced to the London Stock Exchange that it has agreed to acquire a new company, Flybe Ireland, from Ryanair for €1 million in the event of a successful bid by Ryanair for rival Aer Lingus.
Throughout February the University of Exeter will be holding International Sport Month. International Sport Month offers all students the opportunity to try and experience a wide range of sports and events including football, volleyball, golf and the Rugby Varsity. Anyone can take part in the activities, which are largely free and occuring around Streatham Campus.
A list of the events - from pancake flipping next Tuesday to fitness classes and golf taster sessions - happening over the whole of International Sport Month can be found here . The list is growing so keep checking the...
