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Lloyds Bank and Halifax customers have become the latest to be hit by service outages after both confirmed issues with their systems on Monday morning. Customers of both companies – which are both part of the Lloyds Banking Group – reported issues with their banking apps early on Monday, with users claiming they have had issues making and receiving payments. The issues come after a major outage hit Barclays on […]
AstraZeneca has cancelled a planned £450 million investment in a vaccine manufacturing plant in Merseyside, saying Labour failed to match the previous government’s offer of support. The decision reverses an announcement made by then-chancellor Jeremy Hunt at last year’s March budget that would have seen the pharmaceutical company expand its existing facility in Speke. At the time, the Conservative government said the investment would both boost the UK’s life sciences […]
Retail crime is “spiralling out of control” at more than 2,000 incidents a day, according to the latest figures. Incidents including racial and sexual abuse, physical assault and threats with weapons have reached three times the level they were in 2020, when there were 455 incidents a day, the British Retail Consortium (BRC) Annual Crime Survey shows. Over the last year, there were 70 incidents a day which involved a […]
A “small number” of cans of Coca-Cola and Appletiser have been recalled in the UK after testing abroad revealed elevated levels of the chemical chlorate. The recall includes imported cans of 6x250ml Appletiser multipacks which were sent only to supermarkets in the UK and imported cans of Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke and Sprite Zero, which were only sent to cafes and restaurants during a limited time […]
Sir Keir Starmer and Rachel Reeves will meet top executives from some of Britain’s major businesses on Tuesday as they continue their quest for economic growth. Sir Keir Starmer and Rachel Reeves will meet top executives from some of Britain’s major businesses on Tuesday as they continue their quest for economic growth. The meeting will see the Prime Minister and Chancellor seek to persuade bosses from businesses including Tesco, BT, […]
A persistent slowdown in activity among private sector firms could weigh on economic growth over the coming months, with businesses set to cut staff and raise prices, according to a survey. The upcoming increase to national insurance contributions has prompted firms to assess their budgets urgently, the Confederation of British Industry (CBI) said. Output across the private sector is expected to drop over the next three months, having fallen over […]
WH Smith is in talks to sell its high street arm. The company’s Hight street operation is made up of about 500 stores, the first of which was opened 230 years ago. “WH Smith confirms that it is exploring potential strategic options for this profitable and cash generative part of the group, including a possible sale,” a statement said. Over the past decade, the firm has focused on its more […]
The retailer has warned of cost pressures. Sainsbury’s has announced it will cut more than 3,000 jobs, close down its in-store cafes, and remove its pizza and hot food counters from stores. The supermarket giant said the job losses, which affect about 2% of its 148,000 staff, are part of plans to “simplify the business” amid a “particularly challenging cost environment”. As well as affecting shop-floor staff, the move will […]
The Chancellor will attend the World Economic Forum’s annual meeting. Rachel Reeves will bid for more investment in Britain as she travels to the World Economic Forum’s annual meeting in Davos this week. The Chancellor is expected to meet the heads of major international banks during her two-day visit to the Swiss town on Wednesday and Thursday in an effort to tout the UK as an investment opportunity. In what […]
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