Business secretary Vince Cable has passed a report that claims RBS has put some “good and viable” businesses into default financial regulators. Government advisor, Lawrence Tomlinson has released a report today which focuses on the way that RBS has been operating its Global Restructuring group (GRG).
The GRG is the ‘turnaround’ division of RBS which takes loans viewed as risky. The GRG is understood to have the power to scrap loan deals and charge penalties.
This has proven to be a profitable system as the fees bring in further money to the bank and if the business goes...
The government has announced plans to give police powers to disclose certain details of people’s criminal pasts to forces across England and Wales next year.
The Home Office led scheme gives people the ‘right to ask’ police if their partner has ever had convictions for domestic abuse and allow police to disclose details of a criminal in certain circumstances.
All requests must go through a panel of Police, Probation services and other agencies to ensure that the information is only passed on where appropriate.
The scheme also offers support to victims to help during...
A special ceremony will be held tomorrow to mark the completion of the eastern side of the Exe Estuary Trail.
The £2.6 million Clyst Bridge and connecting route through Goosemoor RSPB Nature Reserve has filled the missing link of the Trail. Together with the Ebford Link and Fishers Mill Bridge, this new section over the River Clyst completes the route between Exeter and Exmouth and connects with the local cycle network to Ebford and Clyst St George.
The new route forms part of the National Cycle Network. From Bowling Green Road in Topsham, it runs through the nature reserve...
The former Axminster Carpets’ spinning mill will be handed back to its new owners Buckfast Abbey in December.
A team of administrators have been stripping the assets for the past eight months with machinery being relocated as far afield as Belgium, Turkey, India and Pakistan. Some of the machinery has also been moved to areas within the UK including Telford, Gloucester, Axminster, various parts of Yorkshire and Lancashire.
Buckfast Abbey’s Financial Director Jonathan Deacon, said: “It was incredibly sad when the former mill had to close with the loss of so many jobs.”...
Australian Cricket Captain, Michael Clarke, has been fined by the International Cricket Council (ICC) for breaching the Code of Conduct in the first Ashes test.
Clarke was fined 20% of his match fee for “using language or a gesture that is obscene, offensive or insulting during an International Match” the ICC has said.
Clarke was picked up on the stump microphone saying: “get ready for a broken f******* arm” to England’s James Anderson.
The charges were not contested and have been handled witout a formal hearing.
Oh yes they are...... the Exeter Police & Hospital Players are putting on their pantomine - 'Once Upon a Time' in aid of FORCE at the Barnfield Theatre, between the 4th and the 8th of December.
Why not go along and get into the festive spirit?
Evenings: 7.30 pm Matinees: (7th and 8th Dec) 2pm
Tickets cost £10 for adults; £7 for concessions and children, and can be purchased via the theatre. Please call 01392 270 891 for further information and to get your tickets.
Police are asking if anyone has seen a woman and her young child who left the Teignmouth area several months ago.
Angel Hudson, 25, left the area with her 17 month-old son Arthur Hudson-Cardy and has made no contact with her family since. Police would like Angel to make contact with them to ensure she and Arthur are both safe and well.
Angel (pictured) is described as a white woman, 6ft tall with shoulder length dark straight hair.
Police say she often wears jeans with a brown, leather coat and either boots or Vans type trainers Anyone who sees or knows of their...
