Lloyds to scrap mobile banking vans which help ‘as little as two customers’ January 29, 2024 Lloyds Banking Group is scrapping its mobile banking vans this year as part of its transition to digital banking, with demand for the service tumbling in recent years.
Fujitsu ‘certainly’ expected to pay compensation to victims in Post Office scandal, minister says January 28, 2024 Fujitsu, the firm behind the Horizon software at the heart of the Post Office scandal, is “certainly” expected to pay out compensation, a government minister has said.
Post Office chairman steps down amid Horizon scandal fallout January 28, 2024 The chairman of the Post Office, Henry Staunton, has stepped down amid ongoing tensions in the wake of the Horizon IT scandal.
Superdry: Losses widen, CFO quits and boss admits a ‘difficult’ period January 26, 2024 Embattled retailer Superdry posted further losses in its half year update, blaming a challenging retail market and underperformance of its wholesale segment.
Mark Kleinman: Post Office needs new leaders to deliver real change January 25, 2024 Mark Kleinman is Sky News' City Editor and writes a weekly column for City A.M. This week, he tackles the Post Office, succession at Lloyd's and the six-days-a-week Royal Mail obligation
Six graphs that explain the UK economy ahead of Bank of England’s interest rate decision January 25, 2024 Markets are convinced that a rate cut is coming, likely in the first half of this year. So far, the Bank has not been persuaded.
UK tech sector is ‘not just OnlyFans’, business minister claims January 25, 2024 A business minister has told MPs the UK’s science and technology sector is “not just Only Fans”.
Post Office told the government it would oppose appeals of Horizon scandal victims January 25, 2024 The Post Office told the Government it would oppose appeals of half of the convicted sub-postmasters, days before PM announced a new law to exonerate victims. It was revealed by the Financial Times that ministers were privately told by the Post Office that they believed that in 333 cases, non-Horizon evidence supported the convictions. The [...]
Dr Martens given a kicking but maintains downgraded guidance January 25, 2024 Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US.
Bank of America sends ‘letters of education’ demanding workers return to office January 24, 2024 Bank of America (BofA) has sent “letters of education” to employees threatening disciplinary action if they do not come into the office, joining its Wall Street peers in pushing back against remote work trends.