Sir Philip Hampton set to leave RBS next year

Cairn Energy agreed to sell a 10% stake in the Catcher development in the North Sea to Dyas for up to $182m (£111.8m).

RBS confirms that Sir Philip Hampton, who has been its chairman since 2009, is to leave the bank next year to take up the same role at GlaxoSmithKline. Picture: TSPL

Fife-based shopfitter Havelock Europa posts flat first-half losses of £2m and says it is on track to generate 10% of sales overseas.