Union officials have condemned Lloyds bank for plans to axe 625 jobs, close 21 branches and transfer IT work to India as part of its on-going cost-cutting exercise.
Regional officer John Morgan-Evans said: “Unite has made it clear that ‘efficiency’ cannot simply mean axing more jobs while expecting the same work to fall on fewer shoulders.”Read More
Nicola (right) presents the cheque to Clair Scrimshaw from Endometriosis UK
Charity of the month for April is Endometriosis UK, nominated by Nicola Simpson, and it was Nicola who handed over the cheque for £651 to the charity’s NW Regional Development Officer, Clair Scrimshaw.
Said Nicola: “I nominated them because I suffer from the condition which has no known cure and can be very painful and debilitating.Read More
The governor of the Bank Of England has warned that a possible Brexit from the EU is the biggest threat to the UK’s financial stability.
Mark Carney told a House Of Lords committee that a vote to leave the EU in the June referendum might result in ‘an extended period of uncertainty’ for Britain’s economic outlook.Read More
A British exit from the EU following the June referendum will raise borrowing costs for home-owners and buyers alike, claims Chancellor George Osborne.
He has said households would ‘pay the price’ of a Brexit in the form of higher mortgage rates as lenders reacted to financial instability.Read More
Pressure on Britain’s banks is ‘at an all time high’, claims a new report by KPMG.
Their latest banking report says banks’ profits have slumped by 40% in the last year while revenues showed little sign of growth.Read More