Category : Search result: bank restructuring


Ovo Energy Axes Hundreds of Jobs Amid Crisis

Struggling energy supplier Ovo prepares to cut several hundred jobs next week as part of urgent restructuring plan to convince regulators and secure £300m investment.

Banks Back in Budget Crosshairs for Tax Raid

Chancellor Rachel Reeves considers a bank surcharge hike despite competitiveness fears. The Budget U-turn follows record £50.3bn bank profits. Discover the implications.

West Bank Settler Violence Surges 40% in 2025

Violence by Israeli settlers against Palestinians in the West Bank has increased dramatically, with attacks rising 40% this year. Read the full investigation into this escalating crisis.

Interpath Advisory set for £900m sale

HIG Europe launches £900m sale of Interpath Advisory, the restructuring firm advising Sir Jim Ratcliffe on Manchester United cost-cutting. Discover the key bidders and timeline.

Banks Head for $250bn Trading Windfall in 2024

Global investment banks are heading for their best trading year since the financial crisis, with revenues potentially reaching $250bn. Discover what's driving this unprecedented surge.

UK GDP growth slows ahead of crucial budget

UK GDP data for September and Q3 2025 is released today. Economists predict a slowdown, with Jaguar Land Rover's cyber attack hitting car production. What does this mean for the Chancellor's budget?

Winter Light 2025: Free South Bank Trail Returns

London's South Bank transforms into a glittering wonderland with Winter Light's free art trail. Discover neon installations, hourly light shows & festive markets until January 18, 2026.

Santander's £524 Switch Offer Tops Rivals

Santander launches a new £200 current account switch offer, with experts revealing potential total earnings of £524. Compare the best bank switching deals in the UK now.

Why the Bank of England Changes Interest Rates

Discover why the Bank of England adjusts interest rates to control inflation and stimulate growth. Learn how the current 4% rate impacts your finances and the UK economy.

Nationwide's 18 London Branches Safe Until 2030

Nationwide Building Society confirms 18 London branches will remain open until at least 2030 as part of its 'last branch in town' pledge, bucking the UK's bank closure trend.

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