Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2498
    -0.0013 (-0.11%)
     

  • Bitcoin GBP

    51,188.19
    -508.03 (-0.98%)
     

  • CMC Crypto 200

    1,332.72
    -63.82 (-4.57%)
     

  • S&P 500

    5,102.30
    +53.88 (+1.07%)
     

  • DOW

    38,268.68
    +182.88 (+0.48%)
     

  • CRUDE OIL

    83.87
    +0.30 (+0.36%)
     

  • GOLD FUTURES

    2,351.80
    +9.30 (+0.40%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

FCA disputes reports of legal threat over RBS report

Reuters
A worker cleans the glass exterior next to the logo of RBS (Royal Bank of Scotland) bank at a building in Gurugram on the outskirts of New Delhi, India, September 8, 2017. REUTERS/Adnan Abidi

LONDON (Reuters) - Britain's financial watchdog on Friday rebutted reports that the threat of legal action from the Royal Bank of Scotland caused it to avoid publishing a confidential report into the bank's treatment of struggling businesses.

The Financial Conduct Authority (FCA) said that it did not publish the report into RBS's Global Restructuring Group because it could not do so legally without seeking consent from individuals named in the report, which it did not do.

British newspapers earlier this month had reported that the FCA feared legal reprisals if it published the full report.

(Reporting by Emma Rumney, Editing by Lawrence White)