The Royal Bank of Scotland (RBS) is set to announce 2,000 job cuts on Thursday, after it emerged chief executive Stephen Hester is to step down, according to reports.

A tax avoidance scheme which routed profits of a tax advisory business through employee benefit trusts has been closed by a tribunal.

National Savings & Investments (NS&I) is reducing the interest rates on its income bonds, Direct Saver and Direct ISA from September, to reflect the low interest rate environment.

Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.

The housing market revival witnessed in recent months may soon become a full-scale recovery, figures obtained by a property survey suggest.

END OF DAYS

EXAM IN PROGRESS

Advisory firms who have achieved excellence in running a platform-enabled business or practice are being invited to submit entries for the prestigious annual Aberdeen UK Platform Awards.

A former KPMG senior partner has pleaded guilty to insider trading.

MOVERS & SHAKERS