Losses

  • NewsAOL

    Debt-laden Co-op to flog its farms

    While the Co-op's bank losses have hit £1.3bn there's a smidgen of good news for the troubled group - rising land value prices. The Co-op is set to to sell off 17,800 acres of farmland across England and Scotland. The timing is

  • BusinessAOL

    RBS losses total £8.2bn

    Royal Bank of Scotland revealed a £576 million bonus pot for staff today despite slumping deeper into the red with annual losses of £8.2 billion. The bonus pot - down 15% on 2012 - includes a £237 million payout shared among its investment

  • SportAOL

    Fan left homeless after Arsenal bet

    An Arsenal fan in Uganda has been left homeless, after betting his house that his club would beat Manchester United last Sunday. Henry Dhabasani bet against Manchester United fan Rashid Yiga, who put up his new Toyota Premio car and his wife.

  • BusinessAOL

    Ex-Olympus boss guilty of cover-up

    Former Olympus president Tsuyoshi Kikukawa has admitted guilt over a cover-up scandal of massive investment losses at the top Japanese camera and medical equipment company. The scandal emerged last year when Michael Woodford, the British chief

  • BusinessAOL

    Bank of Ireland announces losses

    Bank of Ireland has announced pre-tax losses of 1.25 billion euro (£984 million) for the first half of the year. The bailed out bank blamed the poor performance on impaired loans and having to sell off

  • BusinessAOL

    French Connection warns of £7m hit

    Fashion retailer French Connection has revealed it is facing a big half-year loss after seeing revenues decline by 7% on a year earlier. The group, which has been taking steps to revitalise its UK stores business, said the result for the six

  • LifestyleAOL

    Bookings surge lifts Thomas Cook

    Britons looking to escape to the sun after weeks of miserable weather have lifted holiday bookings at beleaguered travel firm Thomas Cook. The UK's second biggest travel company said its summer programme was now 88% sold after a