Train services best in Scotland

Train services best in ScotlandAccording to a new survey, the quality of train services has huge disparities within the UK with some regions performing well compared to other regions.

According to the data collected by the Campaign for Better Transport (CBT) London, the south east, north west England, the West Midlands and Scotland had the best train services. The report from consultants Credo in association with the CBT showed that Welsh, east of England and north-east England rail services performed much worse than other parts in the UK.

HSBC Holdings to float its UK arm

HSBC Holdings to float its UK armFinancial giant, HSBC Holdings Plc has said that it is considering floating around a third of its British retail and commercial banking arm.

The move to sell up to 30 percent of its British retail and commercial banking arm will allow the banking giant to comply with the new UK rules that require banks to ring-fence their retail arms. According to people closer to the matter, the plan is still in its initial stage and has been discusses with the investors and on the board. There have been informal conversations at board level regarding the plan to float such a stake.

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