Close Brothers Cuts 600 Jobs Over Motor Finance Bill
Close Brothers Group announces 600 job cuts as it confronts a substantial compensation bill from its motor finance division, signaling financial strain in the sector.
Close Brothers Group announces 600 job cuts as it confronts a substantial compensation bill from its motor finance division, signaling financial strain in the sector.
Explore the Southwest 660 coastal route from Dorset to Somerset, featuring culinary delights, historic sites, and breathtaking landscapes in a foodie's paradise.
Jefferies Financial Group reports a 43% increase in European profit, driven by a resurgence in deal-making activity across the region, signaling a recovery in investment banking.
Discover the best short-haul spring breaks for 2026, from Italian monastery hotels to Swedish farm stays and UK wellness retreats, offering renewal and escape from daily pressures.
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RecommendedThe FTSE 100 closed up 0.5% yesterday, reaching 10,317.69p, while former President Trump expressed dissatisfaction with the UK. Oil prices fluctuated, and central bank meetings loom as investors brace for interest rate decisions.
Cork, Ireland's 'rebel city,' is experiencing a cultural renaissance with vibrant food scenes, historic charm, and strong community spirit. Discover why this destination is gaining global recognition.
Cardiff-based fintech Pockit has secured venture debt from Spanish railway architect Santiago Calatrava through an offshore company, marking an unusual funding move in the UK tech sector.
Independent pubs face devastating energy cost spikes due to Middle East conflict, while large chains like Wetherspoon enjoy fixed-price contracts until 2029. UKHospitality warns of sector polarization.
London Councils urges Mayor Sadiq Khan to allocate half of the £352 million annual tourist levy to local boroughs for street cleaning and safety services in tourist hotspots.
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RecommendedThe latest oil price surge is shaped more by political actions than central bank moves, due to looser labor markets and fiscal constraints post-pandemic.
The UK's reliance on imported energy is under scrutiny as Middle East conflicts disrupt global supply chains, with experts urging increased domestic oil and gas production to bolster national security and reduce carbon-intensive imports.
A groundbreaking charter has been launched to reset relations between police and journalists, following the Nicola Bulley case review. It aims to improve information flow during major incidents.
Readers discuss whether Resident Evil Requiem deserves top honors, Microsoft's live service strategy, and Crimson Desert's potential as GameCentral's inbox fills with passionate gaming opinions.
Discover Öoo, a new indie puzzle game from the creator of ElecHead, offering clever mechanics and engaging challenges at an affordable price. A standout release of 2026.
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RecommendedSimba Sleep offers free pillows, duvets, and slippers with mattress purchases this March. Explore the limited-time promotion and exclusive bundle deals.
Chancellor Rachel Reeves will argue that investing in AI and strengthening ties with Europe are essential to boost the UK's sluggish economy, with a £1.5bn funding pledge.
Banking leader Goodwin asserts the industry faces no retention issues, highlighting strong employee loyalty and competitive compensation in the financial sector.
Astronomers have identified L 98-59 d, a molten exoplanet with a sulfur-rich atmosphere and surface temperatures exceeding 1,500°C, located 34 light-years from Earth.
City AM's magazine editor Steve Dinneen has been honored as Features Writer of the Year at the Regional Press Awards, recognized for his lively and distinctive journalism.
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RecommendedEastern US hit by severe storms with tornado risks, causing thousands of flight cancellations and delays. Millions from Florida to New York face destructive winds.
Elysée, one of London's oldest Greek restaurants with famous patrons including The Beatles, has had its licence revoked by Camden Council following multiple alleged assaults and safety breaches.
Major UK business organizations warn against scrapping the Regulatory Policy Committee, calling it fundamental for scrutinizing red tape impact on firms as ministers review its role.
A 35-year-old East London man has been fined £1,983 for assaulting and abusing a flight attendant on a Heathrow to Dhaka flight after being told not to change clothes or film videos.
Sony's upgraded PlayStation Spectral Super Resolution technology delivers significant visual and performance improvements across major titles, addressing early criticisms and enhancing the PS5 Pro's value proposition.
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RecommendedThe Regulatory Policy Committee faces potential abolition by the government, sparking alarm from business groups who warn it would remove vital independent scrutiny of red tape costs.
Energy Secretary Ed Miliband aims to simplify regulations for affordable plug-and-play solar systems in the UK, as tested by a consumer writer to cut energy bills.
Close Brothers shares plummeted 12% after Viceroy Research warned the bank misrepresented its exposure to the motor finance scandal, risking regulatory capital breaches.
Diet Coke has launched limited-edition 500ml 'Superfan' cans in UK supermarkets, featuring QR codes for Premier League challenges and exclusive prizes.
Workplace management experts are urging professionals to abandon the clichéd 'hope you're well' email opener, calling it impersonal and dull. They recommend more thoughtful alternatives to create better connections.
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RecommendedA senior Bank of England official states artificial intelligence will never be bias-free, urging financial institutions to adopt bias-aware governance and testing protocols.