Welcome to Thursday's Business Live Page.

It's been a pretty busy week so far - first off, the Royal Bank of Scotland has agreed a $4.9bn penalty with the US Justice Department to end a long-running probe into its actions in the lead-up to the financial crisis.

And the first head to roll from the Rolls-Royce shakeup is its chief operating officer Simon Kirby. He will leave the engine maker in June as part of a restructuring of the business.

Plus, BMW is recalling 300,000 cars after the BBC's Watchdog found that vehicles could cut out completely while they are being driven.

Up ahead today, the Office for National Statistics will release the latest figures on GDP, construction and trade, while the Bank of England's Monetary Policy Committee (MPC) will be announcing whether they will raise interest rates from 0.5%.