The Prince’s Trust’s 40th anniversary: How business is helping deprived young people flourish May 17, 2016 Today Buckingham Palace hosts a garden party to mark the fortieth anniversary of The Prince’s Trust, the Prince of Wales’ oldest and largest charity. It will be attended by some of the thousands of young people whose lives have been turned around by this amazing organisation, along with volunteers, supporters and staff. As chairman of [...]
RBS mulls sale of Williams & Glyn and NatWest May 15, 2016 Royal Bank of Scotland's advisers are reportedly weighing a shock move to divest both Williams & Glyn and NatWest, as the bank seeks to accelerate sell-off plans. According to the Sunday Telegraph, RBS advisers, Bank of America Merrill Lynch and Robey Warshaw, are weighing the NatWest move in a bid to ease tech problems behind the Williams [...]
City Moves for 12 May 2016 | Who’s switching jobs May 12, 2016 EDM Group Provider of information and business process management technology and services to the UK insurance industry EDM Group has appointed Chris Hall as managing director, Insurance Services for EDM UK. Chris has over 30 years’ IT experience in senior leadership roles. Previous experience includes seven years spearheading Dell’s online presence in Europe; seven years [...]
Post Office apologises after major glitch shuts down counter services across the country May 9, 2016 A major technical glitch meant thousands of people were turned away at Post Office branches around the country today. Customers hoping to pay bills, post packages or collect benefits claimed the outage was affecting branches nationwide, with many saying they had tried a number of branches before giving up, but the group insisted it was only [...]
These are the UK’s most-hated banks April 27, 2016 Banker-bashing may have become something of a national sport in recent years – but what about bank-bashing? A new survey has revealed UK banking customers' most-hated lenders. The so-called Big Four make up the top of the list, with Royal Bank of Scotland (RBS) scoring just 49.3 on a reputation scale of 0-100, while Lloyds follows, [...]
Disposing of Royal Bank of Scotland: It’s the only way the chancellor can cut borrowing April 22, 2016 Whilst George Osborne was sipping some Chateau Lynch Bages 2000 as HM Government was entertaining President Obama, he surely must have been ruminating as to how he can get the UK'S borrowing requirement down from the unacceptable level of 83.5 per cent of GDP. He has tried desperately hard in recent years to achieve this goal, [...]
City Moves for 15 April 2016 | Who’s switching jobs April 15, 2016 Bibby Line Group Bibby Line Group has appointed Gaurav Batra as chairman. Gaurav is currently strategy director and also chairs Garic Ltd, Bibby’s plant hire subsidiary. He joined the group in 2013, having previously worked at Virgin Group in corporate development and strategy. McKay Securities Real estate investment trust McKay Securities has announced that Richard Grainger [...]
RBS is axing 600 jobs and shuttering 32 NatWest branches, according to the Unite union April 14, 2016 Royal Bank of Scotland has told staff it will be making 600 job cuts and closing 32 branches in its NatWest subsidiary, according to the Unite union. The closures are broken down to 18 branch closures in the bank's northern region, and up to 217 job losses. A total of 220 branches will change their opening hours. In the Midlands [...]
Barclays customers can now use Apple Pay… finally April 5, 2016 It's been a long old wait, but Barclays has finally jumped on board the Apple Pay bandwagon. Barclays is the last of the major banks to support Apple Pay in the UK, letting customers pay with just the swipe of their iPhone or Apple Watch. “Since we introduced contactless to the UK in 2007, it’s [...]
Pets Corner makes new furry friends after buying rival chain Pampurred Pets for £6m April 4, 2016 Pets Corner, the high street retailer dedicated to furry and scaly critters, has bought rival business PamPurred Pets for £6m to create the UK's second biggest pet chain. The Sussex-based company was founded by husband and wife team Mark and Sandra Richmond in 1968 and has since grown to 110 stores across the UK. The acquisition will add another [...]