Author: Nathan Bissitt

The under-fire boss of TSB has been accused of failing to grasp the seriousness of the bank’s continuing IT woes, 10 days after a bungled server migration. Paul Pester was answering questions from the Treasury Select Committee of MPs when he admitted to its

Read More

House of Fraser has confirmed it is to launch a restructuring plan that will mean a round of store closures as part of a deal which will see the Chinese owner of Hamleys take a major stake. The struggling department store chain said it would launch a company voluntary

Read More

Do you ever look very closely at the logo of the payment processor on your debt card? The chances are that, if you bank with one of the “big five” of Lloyds, Barclays, RBS/NatWest, HSBC or Santander – which is more than four in five Britons –

Read More

Direct Line expects to take a £50m hit from the Beast from the East, using up the bulk of its 2018 bad weather budget. Shares in the insurance group, whose brands include Churchill, Green Flag and Privilege, fell 4% after it became the latest business to reveal the

Read More

Shares in Apple have risen after it reported solid phone sales growth in the latest quarter despite fears over demand for the iPhone X. Wall Street was also cheered by the announcement of $100bn in share buybacks, doubling the reward for investors compared to the same

Read More

The taxi-hailing app Uber could stop operating in Brighton after the city’s council refused to renew its licence.  Brighton and Hove City Council’s licensing panel said the firm is “not fit and proper”, citing concerns over a data breach in

Read More

Royal Bank of Scotland has announced the closure of a further 162 RBS-branded branches across England and Wales, with the loss of around 792 jobs. The locations and dates of the RBS closures are: :: Accrington – 20/08/2018 :: Alderley Edge – 29/11/2018 ::

Read More

Mark Zuckerberg could face a “formal summons” to appear before MPs the next time he travels to the UK, as the scandal over its use of user data continues. Facebook’s founder and chief executive has turned down requests to give evidence to a committee

Read More

[unable to retrieve full-text content]Franchising isn’t right for everyone. Here’s why it may be wrong for you. Source: Feed Burner

Read More