RBS sell-off plans boosted by profit

Improvement comes despite restructuring and misconduct costs

Centrica cuts 6,000 jobs as it alters focus

British Gas owner in ‘big shift’ from oil and gas production

Investigators check possible MH370 part

Debris potentially related to crash found on Indian Ocean island

Dollar up as Fed keeps options open

Stocks firm on expectations US rates will rise slowly

New Deutsche chief blunt on outlook

John Cryan points to array of challenges facing German lender

Nokia soars 8% on strong quarterly results

Chief heralds best performance since handset division sold in 2014

UK and France beef up Calais security

Ministers from both countries point finger at Eurotunnel

BT scores strong television growth

60,000 customers added in first-quarter ahead of sports expansion

Thomas Cook hit by Tunisia and Greece

Holiday business depressed by ‘significant external shocks’

Providence and WPP in talks on Chime deal

Offer could value sports marketing group at more than £350m

Lloyd’s of London seeks Malaysia licence

Specialist insurer pushes into under-covered Asia market

Comment & Analysis

Wanted: Recreational drug users — will pay

Race is on to develop new ‘abuse-deterrent’ opioid painkillers

Exodus leaves UK army under strength

Army 3,400 men short of even reduced target strength

Tsipras faces challenge from Syriza members

Hardline faction of ruling party prepares for showdown

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"There's also the Keynesian view, where while saving (and hence lending) may be virtuous for the individual, especially if they have dependents, it's harmful for the wider economy. An extreme version sees excess savers as sucking the life out of the economy, while debtors are heroically taking risk onto themselves, which raises demand for the benefit of all."
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