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      James Cleverly has topped the latest MP ballot to take over as Tory leader, with rival candidate Tom Tugendhat being eliminated from the race.

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  • Natwest to pump £50m into branches after shuttering over a thousand

    Banking

    Natwest is planning to beef up its branch network after being one of the leading banks to take the axe to its physical presence over the last decade.  The blue-chip banking giant will pump £50m into its network over the next 18 months and has pledged not to close any branches until at least 2029. [...]

    NatWest bank front entrance with logo and signage on urban street, highlighting financial institution presence in the city.
  • Lloyds Bank and Halifax customers hit with app outage

    Banking

    Lloyds Banking Group has been rocked with another outage as thousands of customers report issues with their online services. The financial services giant was flagged with a spike on the online outage tracker Downdetector at around 11:15am on Wednesday as users reported issues. Across the group – which includes Lloyds, Halifax and Bank of Scotland [...]

    Lloyds is plotting to beef up its wealth offering.
  • Barclays reverses branch cuts as bank managers return to high street

    Banking

    Barclays is planning to expand its high street presence and revive the “bank manager” role after years of rapid branch closures. The bank’s UK chief executive Vim Maru told the Times on Saturday that Barclays would increase its branch network beyond its current 206 sites, having already paused a programme that saw it shut around [...]

    The FTSE 100 'Big Five' banks led the index's losses.

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