Chancellor Philip Hammond has admitted that the government could face a multi-billion pound loss by selling off its 73% stake in the Royal Bank Of Scotland (RBS).
Mr Hammond has told MPs that ‘we have to live in the real world’ in returning the taxpayer-owned bank to private ownership.Read More
Tony Woolrich, Hannah Fraser and Jen Merchant handing over the cheque for £400 to Bruce and his handler Kelly Walker
Our charity of the month for March is the Cheshire Dogs Home, nominated by Jen Marchant, Tony Woolrich and Hannah Fraser.
Receiving the £400 donation, Heather Lockett said: “We are immensely grateful for the generosity of the Gladstone Brookes staff. As you can imagine, dealing with over 7,000 dogs a year we always have need of money and with generous gifts like this we would struggle to carry on.Read More
The Co-operative Group has written off its 20% stake in the Co-op Bank as it reports its first annual loss since 2013.
The group has announced a £132 million loss for 2016 after a profit of £23 million for 2015.Read More
The government’s stake in Lloyds Banking Group (LBG) has now dropped to below 2% from a figure of 6% in January.
The Treasury has continued its policy of selling down the shares to institutional investors and it is understood this batch of shares was sold to several buyers under the government’s trading plan.Read More
At long last cashing cheques is going to enter the 21st century – but not until October.
The annoying six day wait for a cheque to clear once you’ve paid it into your bank will be a thing of the past.Read More
Fundraiser Kerry Threadgill (second right) receives our donation along with charity shop staff (left to right) Tracy Richmond, Val Wilson and Debbie Snape
Our charity of the month for February is the British Red Cross – one of the world’s most iconic charities with workers to be found anywhere there is need or a disaster.
But they do a lot close to home as well, offering a wide range of services, including support in emergencies and for people in their own homes, event first aid and ambulance support, mobility aids and first aid courses.Read More