Ranked: The banks that have closed the most branches since 2015 – and which regions have been hardest hit June 15, 2018 New analysis has revealed which of banks have shut the most branches since 2015, with NatWest, HSBC and Lloyds Bank reporting the highest number of closures. Some 2,868 UK retail branches will have shut up shop by the end of this year, with 879 bank closures during last year, according to Which? Money research. That [...]
Tesco reports 10th consecutive quarter of sales growth as Booker deal boosts prospects June 15, 2018 Tesco today reported rising like-for-like sales for the 13 weeks ended 26 May, marking the 10th consecutive quarter of positive growth. The supermarket stalwart said like-for-like sales in the UK were up 2.1 per cent, while like-for-like sales in Booker soared by 14.3 per cent. Tesco said that was driven by "a strong underlying performance [...]
Incomplete journeys on the Tube could become history as TfL allows passengers using contactless to get payment updates on the go June 15, 2018 Incomplete journeys on the Tube could soon become a thing of the past for passengers with a penchant for contactless. Transport for London (TfL) has announced this morning that customers can now check their contactless journey history using their phone on the go, with real-time updates on the TfL app. Half of all Tube and [...]
These are the 10 emptiest Tube stations on the London Underground network June 14, 2018 You may recall that we shared back in April that Waterloo had lost the top spot as the busiest Tube station last year to King's Cross St Pancras. But what about the emptier ones for those of us looking for some welcome respite from the heaving transport network? Well, Transport for London's (TfL) latest bumper [...]
Rolls-Royce confirms 4,600 job cuts in restructuring to save £400m June 14, 2018 Rolls-Royce has announced a £500m restructuring that will see around 4,600 job cuts, which it said will deliver cost savings of around £400m per year by the end of 2020. Around a third of the roles are expected to leave by the end of the year, with the company saying the programme will gather "further [...]
How house prices across the UK have changed so far this year June 13, 2018 Average house prices in the UK rose by 3.9 per cent in the year to April 2018, according to the Office for National Statistics' UK house price index. The average price of a property in the UK was £226,906. For England, the April data from the ONS showed that on average, house prices had risen [...]
Intelligence agency National Cyber Security Centre is working with Dixons Carphone on huge data breach June 13, 2018 The National Cyber Security Centre (NCSC), part of GCHQ, said today it is working with Dixons Carphone on mitigation measures, after the retailer said it was investigating a data breach involving 5.9m payment cards and 1.2m personal data records. The company announced earlier on that there was an attempt to compromise 5.9m cards in one [...]
Dixons Carphone announces investigation into data breach with millions of records accessed June 13, 2018 Shares in Dixons Carphone fell more than three per cent this morning after it announced the launch of an investigation finding there had been "unauthorised access to certain data" held by the company. The company said the probe was continuing, but it had found that there was an attempt to compromise 5.9m cards in one [...]
What you need to know about the June Tube strike that could mean no Jubilee Line service and busier stations than usual June 12, 2018 A 24-hour Tube strike is still set to go ahead on Thursday due to a row over new timetable changes. The Rail, Maritime and Transport (RMT) union is holding a walkout on Thursday 14 June, pending further talks with Transport for London (TfL). Here's what we know so far about the likely disruption… Which line [...]
These have been named the most expensive cities in the world for expats June 12, 2018 Europe dominates the rankings of the world's most expensive cities, according to new analysis out today from ECA International. European cities accounted for nearly a third of the most expensive spots around the globe for expatriates, according to ECA's cost of living survey. It compared a basket of like-for-like consumer goods and services commonly purchased [...]
