RBS Insurance - belle of the ball or one of the ugly sisters? Well it depends whom you believe.

Backchat hears the company pulled the plug on the annual Churchill charity ball. Not policy, it said.

Ex-Churchill boss and current member of RBSI board Martin Long hit back by organising one of his own. Same system, £25 per head with all the money going to Children with Leukaemia, only this time Martin Long not Churchill picked up the bill (excellent party, Martin, by all accounts).

But no, says RBSI, that was a private affair with no link to the company and RBSI is thinking about holding its own affair later in the year.