FT 28/11/19 | Vox Markets

FT 28/11/19

Barclays (BARC) to cut chief executive’s pension allowance. Bank falls into line with other big UK lenders as investors apply pressure

Lombard – British American Tobacco (BATS) tobacco strength buys some time in smoking’s decline. Margins are healthy but products meant to take cigarettes’ place are not growing fast enough

Royal Bank of Scotland Group (RBS) launches Bó as rival to digital bank start-ups. Established lender spends £100m developing response to rapid growth of challengers

Thomas Cook collapse hits profits at On The Beach Group (OTB). Online travel agent struggles to contain impact of UK holiday company’s demise

Lloyds Banking Group (LLOY) to cut chief executive’s pay by £220,000. Pension reduction comes as bank offers £20m boost for rest of staff

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Mentioned in this post

BARC
Barclays
BATS
British American Tobacco
LLOY
Lloyds Banking Group
OTB
On The Beach Group
RBS
Royal Bank of Scotland Group