Stakes high as Big Four push for M&A work

Professional services groups are aggressively luring bankers

Jim McColl, Scottish businessman and entrepreneur, and owner of Ferguson Marine, Port Glasgow.
©Gary Doak/FT

Ferguson in line for ferry contract

Last commercial shipyard on Clyde preferred bidder for £97m deal

KPMG to open own Mayfair members club

But only clients or partners can get past select location’s door

Sir Howard Davies
©Rosie Hallam

RBS role to test Davies’s skills

Considerable challenges await the executive who has navigated many paths

Osborne hails Scottish investments

SNP denounces chancellor’s arrogance over Faslane cash

Matchi links banks with fintech start-ups

Lenders sign up to use the online portal to team up on projects

Zopa peer to peer lending company

P2P lender Zopa names Janardana as chief

Founder Andrews becomes chairman as platform targets more savers

FCA looks into Aviva-Friends Life tie-up

UK regulator concerned over possible leaks and share price moves

Rare whisky investors toast sales rise

High-risk investment could leave incautious needing stiff drink

Airlines invest in DIY to improve services

Groups including BA trial permanent electronic bag tags

Week in Review, August 29

Zurich bid for RSA; Facebook, BHP Billiton and BlackRock also in the news

Pay can sometimes seem to reward failure

Hester is in line for £8.5m payout despite not turning round RSA

RBS to scrap ‘teasers’ on home insurance

State-backed lender seeks to keep customers

Tesco’s Dunnhumby sets up Chinese venture

Data analysis business seeks growth ahead of planned sale

HSBC makes 275,000 delayed payments

Glitch delayed pay before bank holiday weekend

Inmarsat completes satellite network

UK company says network will improve web connectivity

Cars: share and share alike

Potentially as disruptive as self-driving cars or electric engines

Google chief takes aim at BBC

Missed opportunities on openness and online audiences

North Sea oil: northern exposure

Nostalgia lingers for when the UK was considered an oil power

Amec Foster Wheeler’s profits fall 24%

Oil services company expects a deterioration in profit margin amid crude price fall

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