Co-op Bank’s debt rating is downgraded to “junk” status by Moody’s, and its chief executive resigns after the collapse of a deal to buy branches from Lloyds.
Original post: Moody’s downgrades Co-op Bank rating
Category : World News
The planned sale of 632 UK bank branches by Lloyds Banking Group to the Co-op group falls through.
Original post: Lloyds’ Co-op deal falls through
Category : Business
The planned sale of 632 UK bank branches by Lloyds Banking Group to the Co-op group falls through.
Link: Lloyds’ Co-op deal falls through
Category : Business
Camera chain Jessops has re-opened two of its stores just a couple of months after going into administration in January with the closure of 187 branches
Visit link: Camera chain Jessops re-launches
Category : World News
The Co-operative Bank says it made a loss and will sell an insurance unit to rescue a deal to take over some of Lloyds Banking Group’s branches.
Read more from the original source: Co-op Bank in £674m annual loss
Category : World News
The Post Office has announced plans to close up to 70 of its Crown branches, and re-open them in local shops.
See the original post here: Tie-up plans for Crown post offices
Category : World News
The Co-operative Bank announces it will close 37 branches across the country, with the loss of 34 jobs, mainly at managerial level.
Read the original post: Co-op bank to close 37 branches
The new chief executive of the Post Office Paula Vennells has been spending time in branches to find out how things work at the busiest time of the year, the run up to Christmas.
Visit link: VIDEO: Back to basics for Post Office CEO
Category : World News
Banco Santander announces that it is to absorb two Spanish banks, Banesto and Banif, closing 700 branches in the process.
Continued here: Santander cuts branches in Spain
Category : Business
Demonstrators from anti-tax avoidance group UK Uncut, protested at Starbucks branches across Britain over the company’s lack of corporate tax payments in Britain in the past three years
See more here: UK Uncut v Starbucks – in pictures