The City roundup video: RBS sets £400m aside for foreign exchange manipulation and Ebola and Isis hit advertising sales
Video: Oscar Williams-Grut provides a run-down of the day's major news from the City
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Royal Bank of Scotland has set aside £400 million to cover potential fines for allegedly manipulating the foreign exchange market. The bank that have made a profit of £1.27 billion in the last three months, has announced the news just a day after Barclays set aside £500 million for a similar reason.
Markets around the world are surging after the Bank of Japan announced plans to pump more money into its economy in a bid to stave off deflation.
The warm weather continues to hit the high street, with SuperDry the latest to warn of a slowdown in sales.
And finally, George Osborne has begun paying off the UK’s World War I debts. The Chancellor has paid £218 million of the debts accrued nearly 100 years ago leaving the country still owing over £2 billion.
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