UK - Financial Services Authority chairman Sir Howard Davies has voiced concerns that many small UK private property firms are highly geared while containing little collateral.
Sir Howard spoke out after reports found that commercial lending to property companies was continuing to grow rapidly while economic growth appeared to have stalled.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point