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Fred’s defence, Wizz Air results and which restaurants are closing?

Disgraced former RBS boss Fred Goodwin
Disgraced former RBS boss Fred Goodwin

Fred “the Shred” Goodwin and other former Royal Bank of Scotland (RBS) bosses will be trying to defend their tattered reputation in a £700million lawsuit which gets under way in London this week.

It is shaping up to be one of the most costly High Court trials in legal history.

Poor decision-making and the credit crunch brought RBS to its knees in 2008.

Shareholders claim they were left nursing hefty losses after RBS shares plunged 90% and the UK Government was forced to step in.

Mr Goodwin was widely blamed for the catastrophe and later stripped of his knighthood.

Final results from Wizz Air on Wednesday may shed further light on the fast-growing airline’s Brexit strategy, potentially affecting flights to Poland from Aberdeen.

Last year, Hungary-based Wizz warned it had already started “re-adjusting” its network in the wake of the UK’s EU referendum vote.

A trading update from The Restaurant Group (TRG) on Friday may reveal where the axe is falling amid closures at its Frankie & Benny’s (F&B) chain.

In March, TRG said it would shut another eight of its F&B sites, causing about 80 job losses, as part of a “new and focused plan” to turn around and grow the overall business.

TRG, which also owns the Chiquito, Coast to Coast, Garfunkel’s and Filling Station restaurant chains, had previously shut 33 under-performing sites across its  portfolio.

The group’s Filling Station branch at No 254 Union Street, Aberdeen, closed, with 20-25 jobs affected.

On Friday and Saturday, the much-trumpeted, post-Brexit “sea of opportunity” will be on everyone’s minds at the Skipper Expo International fishing industry showcase in Aberdeen.