Business and Economic News
TSB IT chief 'kept board in dark' before systems meltdown
Sun, 17 Nov 2019 15:55:00 +0000
The IT chief of TSB Bank failed to inform board members about "shortcomings" with the testing of a new technology system days before it crashed - resulting in nearly two million customers losing access to their current accounts.
Tories won't set 'arbitrary' immigration target as Corbyn backs 'great deal of movement'
Sat, 16 Nov 2019 23:41:00 +0000
The Conservatives have pledged to cut immigration "overall", with the "vast majority" of migrants to be required to have a job offer to come to the UK - regardless of where they are from.
Thames Water powers ahead in search for new chief
Sat, 16 Nov 2019 14:49:00 +0000
Britain's biggest water company is lining up a top executive from the energy sector to be its new boss ahead of a general election that could trigger the company's nationalisation.
Lloyds shareholders lose legal challenge over HBOS merger
Fri, 15 Nov 2019 12:23:00 +0000
Almost 6,000 Lloyds shareholders have lost a multi-million-pound legal challenge against the bank's takeover of HBOS.
Labour broadband vow stalls TalkTalk's CityFibre deal
Fri, 15 Nov 2019 07:26:00 +0000
The Labour Party's pledge to nationalise broadband provision across Britain by 2030 has forced TalkTalk to postpone the sale of its full-fibre infrastructure arm until after next month's general election.
Protests blamed as Hong Kong in first recession for a decade
Fri, 15 Nov 2019 09:34:00 +0000
Hong Kong has fallen into recession, with the retail and tourism sectors among those worst hit by anti-government protests.
Australia and others seek compensation for Brexit disruption
Fri, 15 Nov 2019 07:18:00 +0000
Australia is among a number of countries seeking compensation from Britain and the EU over Brexit disruption.
Parties warned minimum wage promises pose 'severe risks'
Fri, 15 Nov 2019 09:07:00 +0000
Political parties have been warned to be careful about setting higher minimum wage levels.
Refunds for victims of bank transfer scams hit a snag
Thu, 14 Nov 2019 17:32:00 +0000
Payment providers have failed to reach a deal on how to refund blameless victims of bank transfer scams, according to an industry body.
Fri, 15 Nov 2019 02:26:00 +0000