Keep up to date with the latest insurance and business news in our latest news round-up…

Sir Philip Green named as man at heart of ‘UK #MeToo scandal’

Sir Philip Green has been named as a businessman at the centre of an injunction linked to allegations known as the “British #MeToo Scandal”.

Debenhams makes record annual loss and plans up to 50 store closures

Debenhams has posted record annual losses and said it will close up to 50 stores putting 4,000 jobs at risk.

RBS sets £100 million aside to cover Brexit uncertainty

Royal Bank of Scotland has set an extra £100 aside to account for possible bad loans as a result of Brexit uncertainty.

Gender pay gap at record low of 8.6% – official figures

The ONS charts progress in closing the gender pay gap but says average wages are stuck at 2011 levels when adjusted for inflation.

$163bn global insurance gap identified

A global insurance protection gap of $163bn threatens the livelihoods of millions of people across the world, with poorer countries some of the most at risk.