Northern Rock 'good bank' makes £232m loss - papers

The company said it is making progress, with income up and costs reduced during the second half of its financial year, although executive chairman Ron Sandler added trading remained "difficult" in the current environment, the BBC reports. He said Northern Rock was still in talks with the government on returning the company to private ownership. Read more here RBS directors share £28m bonus awards Royal Bank of Scotland (RBS) has rewarded its top nine directors with bonus packages for 2010 potentially worth a combined £28m, with chief executive Stephen Hester set to receive up to ...