More than 3,000 rural post offices face ‘armageddon’ without a £50million bailout, campaigners warned yesterday. They are calling on Chancellor Rishi Sunak to extend the annual subsidy after April next year, when it is due to expire. The cash keeps afloat 3,100 branches that are too small to make a profit and are now being … Read more
More than 3,000 rural post offices face ‘armageddon’ without a £50million bailout, campaigners warned yesterday. They are calling on Chancellor Rishi Sunak to extend the annual subsidy after April next year, when it is due to expire. The cash keeps afloat 3,100 branches that are too small to make a profit and are now being … Read more
TSB has said it will cut around 900 jobs as part of plans to close 164 of its high street bank branches. The Edinburgh-based bank said it expects most of the redundancies to be voluntary but did not rule out forcing staff out. TSB added that its branch network would be the seventh biggest in … Read more
Banks have so far managed to avoid making themselves major villains in the pandemic. Unlike some insurers, which have tried to wriggle their way out of paying valid claims to small firms, they have been working with the Government to support business and families. Covid-19 has presented our High Street lenders with an opportunity to … Read more
Unions preparing for up to one in ten bank branches to close as they enter talks with the Big Four lenders By Helen Cahill, Financial Mail On Sunday Published: 21:48 BST, 29 August 2020 | Updated: 21:48 BST, 29 August 2020 Unions are preparing for up to one in ten bank branches to close as … Read more
Co-op Bank axing 18 branches and slashing 350 jobs, in another blow to Britain’s beleaguered High Streets By Lucy White For The Daily Mail Published: 23:47 BST, 25 August 2020 | Updated: 23:47 BST, 25 August 2020 Co-op Bank is axing 18 branches and slashing 350 jobs, in another blow to Britain’s beleaguered high streets. … Read more
The Co-operative Bank is to axe around 350 jobs from up and down the country and close 18 branches as it becomes the latest business to fall victim to Britain’s coronavirus jobs bloodbath. More than 187,000 people across a range of industries face redundancy, or have already been laid off, in recent months as the … Read more
Natwest customers slam bank’s poor branches and overdraft services as they rate it one of the worst for service By Lucy White For The Daily Mail Published: 21:50 BST, 17 August 2020 | Updated: 21:50 BST, 17 August 2020 Natwest’s customers have rated it as one of the worst banks, calling out its poor branches … Read more
Customers at KFC and Pret A Manger have complained staff don’t understand the Government’s Eat Out To Help Out Scheme. Some irate patrons said one manager claimed the Monday to Wednesday discount only applied in the afternoon while some staff enforced a £10 minimum spend or asked to see a voucher. It comes as thousands … Read more
JEFF PRESTRIDGE: Banks have baulked at the idea of sharing branches, but now its time has come By Jeff Prestridge for The Mail on Sunday Published: 21:56 BST, 18 July 2020 | Updated: 21:56 BST, 18 July 2020 Slowly, life is returning to our high streets. It won’t be quite the same as it was … Read more