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The Royal Bank of Scotland

Tesco buys out RBS in £950 million deal

Tesco has taken full ownership of its Tesco Personal Finance (TPF) financial services, in a move that it says will generate £1 billion in profit from retailing services.The company has acquired the Royal Bank of Scotland's (RBS) 50 per...

European retail sales down

For the first time in three months, European retail sales declined in October as rising food and energy prices damped consumer confidence, according to Bloomberg purchasing managers index showed.A gauge measuring retail sales fell to a seasonally adjusted 47.9...
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Tier-2 cities: A new frontier for luxury retail growth in 2025

Once overlooked in favour of metropolitan hubs, these smaller urban centres are now capturing the attention of global and...
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