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RBS to create internal bad bank

Chisel Split Ice

Royal Bank of Scotland expects to post a 'substantial' full-year loss after transferring $61bn of its worst loans to an internal bad bank under government pressure.

A bum deal ? EU to roll out toilet flush law

Toilet Sign

The European Union has long had a reputation for micro-managing on every aspect of the region's life - from multibillion euro building projects to the colour of passports. Now the EU has found another pressing matter: toilet flushing.