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CHARITY OF THE MONTH – British Red Cross

charity of the month

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


Hope fading for Co-op Bank survival

Hope fading for Co-op Bank survival

The Co-operative Bank has been placed under ‘intensive supervision’ by the Bank Of England as its survival options appear to dwindle.

BBC Business editor Simon Jack said: “The BBC understands contingency plans to ensure the ‘orderly failure’ of the 150 year old bank are well advanced.Read More


Global reaction to release of Julia’s pictures

Julia in hospital bed

Brave dad Adrian Derbyshire took the heart-rending decision to release pictures of his 16 year old daughter taken moments before she died in a hospital bed after trying to take her own life after being bullied online

Since then the images have gone global and Adrian has received 10,000 messages of support for his anti-bullying and hate crime campaign in just 12 days from people as far apart as Australia, China, Brazil and America.Read More


RBS ‘pennies on the dollar’ MBS settlement

RBS ‘pennies on the dollar’ MBS settlement

Royal Bank Of Scotland (RBS) has achieved a ‘pennies on the dollar’ settlement for one of a number of mortgage class actions it is facing in America.

RBS – together with Wells Fargo and Deutsche Bank – have reached a $165 million class action settlement in a case involving their underwriting for sub-prime mortgage lender NovaStar Mortgage of Kansas City.Read More


Lloyds Bank on brink of re-privatisation

Lloyds Bank on brink of re-privatisation

Lloyds Bank is on the brink of re-privatisation as taxpayers’ stake dips below 3%.

Nine years after being bailed out by the government for £20.3 billion at the height of the financial crisis, analysts believe the final sell off could be made within months.Read More


Government to audit FCA and HMRC

Government to audit FCA and HMRC

The government is to launch an audit of organisations that fight financial crime in the UK, including the Financial Conduct Authority and the FCA.

Top journalist Caroline Binham says the huge review is being carried out by the Cabinet Office ‘amid growing concern that London is awash with dirty money.’Read More


Lloyds add yet another £350 million for PPI

Lloyds add yet another £350 million for PPI

Lloyds Banking Group (LBG) has added yet another £350 million to its £17 billion provision for mis-sold PPI.

The bank – which has set aside the lion’s share of the £40 billion compensation fund set up by the UK banking industry – said the new money was in response to the confirmation of the PPI claims deadline as August 2019, two months later than they had previously calculated.Read More


GLADSTONE BROOKES RECEIVE FEEFO GOLD TRUSTED SERVICE AWARD

Feefo gold award

Gladstone Brookes has received the prestigious Feefo Gold Trusted Service Award for 2017.

It has been granted as an independent seal of excellence voted for by real customers.Read More


Co-op Bank reports £477 million losses

Co-op Bank reports £477 million losses

Just a month after putting itself up for sale the Co-operative Bank has posted a £477 million loss on trading for 2016.

It is less than the £610 million figure for 2015, but is the fifth year in a row the bank has lost money.Read More


Will Virgin buy the Co-op Bank?

Will Virgin buy the Co-op Bank?

Newcastle-based Virgin Money are considering making a bid to buy the Co-operative Bank after the struggling Co-op put itself up for sale last month.

Virgin’s banking chief executive, Jayne-Anne Gadhia, has described the Co-op as ‘a strategic opportunity.’Read More



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