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Business

Business

Lloyds, Halifax and Bank of Scotland branches to be shut

Lloyds Banking Group has revealed another 45 branches are to be shut amid no sign the wave of closures across the industry is nearing...

by admin November 30, 2023
Lloyds, Halifax and Bank of Scotland branches to be shut
Business

Metro Bank to cut 800 jobs and may axe seven day branch opening

Metro Bank has revealed plans to cut 20% of its workforce and slash its business hours commitments as part of efforts to save it...

by admin November 30, 2023
Metro Bank to cut 800 jobs and may axe seven day branch opening
Business

Elon Musk apologises for antisemitic X post – but tells fleeing advertisers to ‘go f*** yourself’

Elon Musk has launched a fiery attack on advertisers who have stopped promoting on his social media platform X, telling them to “go f***...

by admin November 30, 2023
Elon Musk apologises for antisemitic X post - but tells fleeing advertisers to 'go f*** yourself'
Business

Health insurance premiums ‘to rise by at least 20%’ as NHS woes stoke claims

Health insurance premiums will rise by at least a fifth next year, according to industry advisers who blame a surging number and cost of...

by admin November 30, 2023
Health insurance premiums 'to rise by at least 20%' as NHS woes stoke claims
Business

Citizens Advice survey: One in four adults likely to turn to buy-now-pay-later schemes to afford Christmas

More than half of parents with children in primary school are likely to use buy-now-pay-later (BNPL) schemes to afford Christmas, according to research from...

by admin November 30, 2023
Citizens Advice survey: One in four adults likely to turn to buy-now-pay-later schemes to afford Christmas
Business

UK to launch an Online Fraud Charter with 11 major tech companies including TikTok, Snapchat and YouTube

The UK is to launch an Online Fraud Charter with 11 major tech companies in a “world-first” initiative to combat scams, fake adverts and...

by admin November 30, 2023
 UK to launch an Online Fraud Charter with 11 major tech companies including TikTok, Snapchat and YouTube
Business

Cost of living: Shoppers ‘overcharged’ for branded goods including baby formula and baked beans, watchdog finds

Suppliers of branded goods including baked beans and pet food have “pushed up prices by more than their costs”, according to the competition watchdog....

by admin November 29, 2023
Cost of living: Shoppers 'overcharged' for branded goods including baby formula and baked beans, watchdog finds
Business

Whitehall weighs Telegraph restrictions as Abu Dhabi deal probe looms

The government is considering issuing an edict used in corporate mergers to prevent The Daily Telegraph’s long-standing owners from exerting influence over the newspaper...

by admin November 28, 2023
Whitehall weighs Telegraph restrictions as Abu Dhabi deal probe looms
Business

Cold weather prompts National Grid to activate energy blackout scheme

The National Grid is to pay some households to cut their energy use after activating its blackout prevention scheme during the current cold snap....

by admin November 28, 2023
Cold weather prompts National Grid to activate energy blackout scheme
Business

Wilko boss explains chain’s collapse: ‘We ran out of cash, and I am sorry’

The former chair of collapsed retail chain Wilko has told MPs that the retailer “ran out of cash” before its turnaround efforts were able...

by admin November 28, 2023
Wilko boss explains chain's collapse: 'We ran out of cash, and I am sorry'
Business

One in three households with children ‘will struggle to afford Christmas’

One in three households with children will struggle to afford a family Christmas this year, according to a new report. The YouGov poll of...

by admin November 28, 2023
One in three households with children 'will struggle to afford Christmas'
Business

Barclays in talks to buy £3bn Metro Bank mortgage book

Metro Bank is in talks to offload a £3bn mortgage portfolio to Barclays as part of a broader financial restructuring aimed at saving the...

by admin November 27, 2023
Barclays in talks to buy £3bn Metro Bank mortgage book
Business

Bank of England should have its remit ‘pruned’ alongside forecasting shake-up

The Bank of England’s remit should be “pruned”, according to a report by a Lords’ committee which is critical of its work in the...

by admin November 27, 2023
Bank of England should have its remit 'pruned' alongside forecasting shake-up
Business

Winter fuel payment: Who is eligible, how much is it and when is it paid?

The winter fuel payment is aimed at helping pensioners pay for higher fuel bills during the colder months.  About 11.5 million pensioners will receive...

by admin November 27, 2023
Winter fuel payment: Who is eligible, how much is it and when is it paid?
Business

More than 100 climate activists arrested after two-day blockade at Newcastle coal port in Australia

More than 100 climate change activists have been arrested in Australia after a two-day blockade of the world’s largest coal port. Climate activist group...

by admin November 27, 2023
More than 100 climate activists arrested after two-day blockade at Newcastle coal port in Australia
Business

Debt-laden Saga turns to Lazard to shore up balance sheet

Saga, the financial services and travel services provider to the over-50s, has drafted in a team of City bankers to help shore up its...

by admin November 27, 2023
Debt-laden Saga turns to Lazard to shore up balance sheet
Business

Prime minister to unveil multibillion-pound investment plan for ‘12,000 new jobs’

A multibillion-pound investment plan which promises to create more than 12,000 new jobs in the UK is expected to be announced by the prime...

by admin November 27, 2023
Prime minister to unveil multibillion-pound investment plan for '12,000 new jobs'
Business

Christmas dinner favourites at risk after washout harvest

Christmas dinners could be in jeopardy with storms causing havoc for farmers struggling with one of the toughest harvests on record. Britain’s latest potato...

by admin November 27, 2023
Christmas dinner favourites at risk after washout harvest
Business

Zucker to fly into London as government probe into Telegraph deal looms

The former CNN president Jeff Zucker will fly into London this week amid mounting controversy over the Abu Dhabi-backed takeover of The Daily Telegraph...

by admin November 26, 2023
Zucker to fly into London as government probe into Telegraph deal looms
Business

Revolution Beauty founder Minto in £3m settlement talks

The founder of Revolution Beauty, the London-listed cosmetics group, is in negotiations to repay nearly £3m to settle allegations that he breached his fiduciary...

by admin November 25, 2023
Revolution Beauty founder Minto in £3m settlement talks
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