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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: Royal Bank Of Scotland Confirms $13 Billion Loss

27/02/2014

Royal Bank Of Scotland Confirms $13 Billion Loss

BBC World Service - World Business Report, Royal Bank Of Scotland Confirms $13 Billion Loss

Royal Bank of Scotland lost more than $13 billion last year but still paid bonuses.

The Royal Bank of Scotland lost more than $13 billion last year but still paid bonuses. We discuss the rationale behind this move. German Chancellor, Angela Merkel, tells the British Parliament she wants Britain to stay in Europe. Her speech comes as the British Prime Minister, David Cameron, is promising a referendum on whether the country should stay part of the European Union. Conservative MP, Andrea Leadsom, and opposition Labour MP, Keith Vaz, highlight some of the emotive issues surrounding the debate. And a new way to tackle bulging waistlines – the FDA proposes a radical overhaul of food labelling in the US.

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