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More than 130 Lloyds, Halifax and Bank of Scotland branches to close
Lloyds Banking Group is to close a further 136 branches.Britain’s biggest mortgage lender said It will shut 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites between May this year and March 2026. All workers affected by the closures would be offered alternative roles, the group said.Lloyds blamed the move on customers shifting away …
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Sky News
More than 130 Lloyds, Halifax and Bank of Scotland branches to close – here’s a list of where and when
Lloyds Banking Group is to close a further 136 branches.Britain’s biggest mortgage lender said it will shut 61 Lloyds, 61 Halifax, and 14 Bank of Scotland sites between May this year and March 2026. All workers affected by the closures would be offered alternative roles, the group said.Money latest: People who only watch Netflix or …
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Sky News
Post Office unveils new wave of cuts to fuel transformation plan
The Post Office has unveiled plans for scores more job cuts as part of a transformation plan aimed at boosting payouts for thousands of sub-postmasters.Sky News has learnt the state-owned company was in the process of informing about 100 senior managers on Wednesday that their roles would be affected by its proposals. Some of those …
Business
Sky News
Chancellor announces backing for third Heathrow runway
The government supports a third runway at Heathrow, Chancellor Rachel Reeves has announced.Ms Reeves said the expansion of Europe’s busiest airport was “badly needed” to connect the UK to the world and open up new opportunities for growth. A third runway will “unlock further growth, boost investment increase exports and make the UK more open …
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UK government delays ‘could threaten’ AstraZeneca’s new £450m vaccine facility in Liverpool
A £450m investment in a major new vaccine facility in Liverpool could be at risk due to Government delays, reports have suggested. The Times said delays in securing government funding meant AstraZeneca, the pharmaceutical giant behind one of the Covid-19 vaccines, missed an important internal deadline for its plans to build the new site in …
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Sky News
Trump offers federal employees eight months’ pay to quit
Donald Trump is aggressively pushing forward with plans to shrink the US government by offering eight months’ pay to federal employees who quit their jobs.They have until 6 February to decide whether to accept the deal, according to a memo from the Office of Personnel Management. The US government’s human resources agency also warned of …
Business
Sky News
Playtech chair Mattingley to step down
The chairman of Playtech, the London-listed gambling technology group, is to step down, triggering a search for a successor with a taste for stringent corporate governance challenges.Sky News has learnt that Playtech will announce this week that Brian Mattingley, who has held the role since 2021, is to retire from its board this year. Egon …
Business
Sky News
Theft and violence in UK shops reaches record levels
Retailers have suffered unprecedented annual levels of shoplifting losses and incidents of violence and abuse against staff, according to industry data, although one major chain has told Sky News there are now signs of a fightback.The British Retail Association (BRC) used the publication of its annual retail crime survey, covering the 12 months to April …
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Sky News
Fashion retailer Quiz on brink of administration
Quiz Clothing, the troubled fashion business, is close to collapsing into administration days after its shares were delisted from the London stock market.Sky News has learnt that Quiz, which is chaired by the former JD Sports chief Peter Cowgill, is lining up Teneo as administrator in a move expected to take place before the end …
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British drinkers warned to prepare for higher alcohol prices from next week
From February 1, new duty rates on wine and spirits will be implemented, leading to a price hike for most alcoholic beverages. The introduction of a new sliding scale of duties means that wines with higher alcohol content will see the most significant increases; for instance, the duty on a wine with 14.5% ABV (alcohol …
Business
Sky News
Trump warns Chinese DeepSeek should be ‘wakeup call’ for US AI tech firms
Donald Trump thinks the Chinese startup DeepSeek, which claims it has a technical advantage over US rivals, should be “a wakeup call” for American AI firms.DeepSeek says its artificial intelligence models are comparable with those from US giants, like OpenAI which is behind ChatGPT and Google’s Gemini, but potentially a fraction of the cost. That has …
Business
Sky News
‘First drop’ in house rent prices since before pandemic – but not for London
The average asking price to rent a home outside London has fallen for the first time since before the COVID pandemic, according to a property website.Rightmove credited improved levels of rental properties for the welcome shift, but declared that advertised private rents in the capital continued to tick up, for a 13th consecutive quarter, between …

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