Royal Bank of Scotland is this week expected to raise £950m (€1.2bn) through the sale of its stake in Tesco Personal Finance to the supermarket giant.

Royal Bank of Scotland today confirmed it was in talks to sell ABN Amro’s Australian and New Zealand operations.

A volatile week for the FTSE 100 Index was underlined today after the index staged an 80 point turnaround to break back through the 5800 barrier.

Royal Bank of Scotland today struck a £3.6bn (€4.5bn) deal to sell the UK’s biggest train leasing company.

The company that makes Japanese bullet trains was named today as one of three organisations shortlisted by the Government to compete to build a new generation of express trains for the UK’s rail network.