Industry veteran: Tony Foot started his bank career in 1964 When Tony Foot started his bank career in 1964, there were a handful of branches in every town and the manager knew all their customers by name. Here, the 74-year-old retired bank manager explains why we all lose out when banks close their doors… During … Read more
Banks defy watchdog Financial Conduct Authority’s plea – and just carry on shutting branches By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 GMT, 30 January 2021 | Updated: 13:17 GMT, 31 January 2021 The City regulator’s call for banks to reconsider their decision to axe branches during lockdown has fallen on deaf ears. Barclays, … Read more
FCA calls on banks to rethink plans to shut at least 300 branches by the end of 2021 By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 The FCA said it was concerned that closing bank branches at this time could have ‘significant consequences’ … Read more
Debenhams to close six branches, including its flagship London store, with 320 job losses By City & Finance Reporter for the Daily Mail Published: 22:29 GMT, 13 January 2021 | Updated: 22:29 GMT, 13 January 2021 Department store chain Debenhams has said it will permanently close six branches, including the flagship Oxford St shop Department … Read more
McDonald’s stops serving takeaway meals at ALL UK and Ireland branches due to Covid – but will offer drive-thru and deliveries By Mark Duell for MailOnline Published: 08:10 GMT, 6 January 2021 | Updated: 08:18 GMT, 6 January 2021 McDonald’s is closing all its 1,300 restaurants across Britain for walk-in takeaway after England was plunged … Read more
Swathes of bank branches set to close this year as lenders cut back their networks to boost flagging profits More than 200 UK branches were shuttered in 2020 as banks scaled back their presence despite the chaos which the pandemic inflicted TSB boss Debbie Crosbie plans to axe 164 branches 56 closures that Lloyds had … Read more
Sleigh-ing it! Crafters reveal their amazing homemade decorations from a £35 Grinch Christmas tree to a life-sized Nutcracker Crafters from around the UK have shared festive decorations on social media One person shared snap of a tree without branches, made of suspended baubles Another shared their amazing tree inspired by the Christmas movie The Grinch A … Read more
Leaked Lloyds Bank documents raise major questions on future of its branch network By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 5 December 2020 | Updated: 21:50 GMT, 5 December 2020 Leaked Lloyds Bank documents have raised major questions on the future of its branch network. Lloyds is set to offer cashiers and … Read more
More than 3,000 rural post offices face ‘armageddon’ if the Government does not plug a £50m black hole this week. Chancellor Rishi Sunak was urged to guarantee the special subsidy, which will end in April 2021 unless he intervenes to avoid ‘cutting the heart’ out of villages up and down Britain. Many post offices shops are … Read more
Lenders to Caffe Nero have brought in financial advisers ahead of a business restructure after being hit by the devastating effects of shutdown. Alcentra and Partners Group – which provide mezzanine debt to Caffe Nero, one of the country’s biggest coffee shop chains – have drafted in FTI Consulting to advise on the implications of … Read more