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RBS 58% state owned as investors snub shares

The government now owns 57.9% of the Royal Bank of Scotland following shareholders snubbing the lender’s £20bn rights issue. They bought just 0.24% of the available shares.

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Through a looking glass, darkly

It’s fair to say that the specialist lending sector is unrecognisable compared with a year ago.

Money for green and transport measures

The government has pledged 100m towards insulating 60,000 homes and 535m has been committed to energy efficiency and improved rail links.

L&G brokers report a return to confidence

Brokers are beginning to feel more confident about business prospects over the next three months, the latest data from Legal & General reveals.

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Preparing for the changes to the pensions market

As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.

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