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U.K. markets news

RBS told to scrap branch closures after bank's first profit in a decade
ROYAL Bank of Scotland has come under renewed political pressure to reverse its controversial branch closure programme after the publicly backed institution made its first annual profit in a decade.
Protesters urge RBS to rethink closure of high-street branches  The Times
Royal Bank of Scotland ends 9-year streak of losses  Financial Times
The Guardian  
Former BHS owner ordered to pay �50000 fine
Dominic Chappell, the former bankrupt who bought BHS for �1 and received �2.6m from the retailer before it collapsed, was on Friday ordered to pay a �50,000 fine after being convicted of failing to provide information to the Pensions Regulator.
Dominic Chappell fined �50000 for BHS pension failings  The Times
Ex-BHS owner Chappell fined �50000 over pension scheme information failures  the Irish News
KFC's UK chicken run caused by too many eggs in one basket
“You had one job KFC . . . ,” the company said of itself in a jokey Q&A posted on Twitter this week. “How did you run out of chicken?
KFC and Olympic gold? We should be so clucky  Scottish Daily Record
Stephen Jardine: KFC's chicken was even turned down by a charity  The Scotsman
Toys R Us faces bankruptcy, putting 3200 jobs at risk
Toys R Us has suffered as shoppers prefer malls or online buying to large out-of-town outlets. Photograph: Peter Nicholls/Reuters.
Thousands of jobs at risk as Toys R Us readies for collapse  Telegraph.co.uk
Toys R Us 'to go into administration next week' amid huge VAT demand  Manchester Evening News
Bonus cut deserves only a little credit
Everyone loves a self-help book: How to Give a Great Presentation, How to Babysit a Grandpa, How to Traumatise Your Children. The list is endless.
Jeff Fairburn's tin ear makes Persimmon the home of executive greed  The Guardian
Persimmon and Serco bow to shareholder pressure over pay  Financial Times
Standard Life Aberdeen seals shift into asset management
The recently-merged Standard Life Aberdeen's �3.2bn sale of its insurance business to Phoenix, announced on Friday, marked the final act in a field where it has been a leading force since its predecessor company was created in 1825, and completes its ...
Jobs are safe, Standard Life Aberdeen staff told after �3.2bn insurance sell ...  The Times
Standard Life Aberdeen secures �3.2 billion deal to sell insurance arm  Daily Mail
China unveils plans for hypersonic jet that can fly anywhere in the world in ...
A new hypersonic aircraft could ferry passengers anywhere in the world in under three hours. Travelling at up to 3,800 miles an hour, more than six times the speed of a typical commercial jet and twice as fast as a supersonic aircraft, it has been ...
This New Jet Design Would Get You From New York to China in 2 Hours  Travel+Leisure
Hypersonic Jet: Beijing to New York in 2 hours is now a possibility  RS-Tech
Brexit uncertainty blamed for 6% fall in Kingspan shares
Brexit uncertainty will continue to squeeze demand for some of Irish insulation maker Kingspan's products in the UK, chief executive Gene Murtagh believes.
Irish companies not prepared for hard Brexit, says boss  The Times
Kingspan could produce 4500 timber-frame homes a year  Independent.ie
'We're watching a company explode': is Snapchat becoming irrelevant?
A diss from Kylie Jenner, an 'annoying' redesign, competition from Facebook and Musical.ly ... why does Snapchat keep getting it wrong?
New Snapchat update upsetting users  The Courier=Times
How 1 Tweet From Kylie Jenner Caused Snap, Inc. To Lose $1 Billion  Alabama Public Radio
German distillers win legal battle to brand whisky Glen Buchenbach
The Scotch Whisky Association had argued customers could become confused by the German drink's Scottish sounding name. Share. By.
The Economy of Scotch  Wine-Searcher