RBS may bid for Abbey - papers 4th August

According to the Scotsman, this leaves the RBS open to join what would become a bidding war for the Glasgow-based insurer. Goodwing told the paper he would offer "no comment whatsoever" whether the group is to bid for Abbey or not. He also refused to rule out any future move. MEANWHILE, THE Times reports the two-year increase in life expectancy of the average Briton over the last couple of years will add another £20bn to the pension bill of the UK’s 100 biggest listed companies. A report by actuarial firm Lane Clark & Peacock suggests this increase will up the pension deficit reco...