Aldi UK Stores Closed for May Bank Holiday
Shoppers planning a trip to Aldi this Early May Bank Holiday are urged to take note. The discount supermarket giant has confirmed revised opening times for all its UK stores on Monday, 6th May.
Category : Search result: bank restructuring
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
ANZ Bank to axe thousands of jobs in major restructuring
ANZ Bank announces a massive restructuring plan, slashing thousands of jobs in Australia to cut costs and boost efficiency. The move signals a major shift in the banking sector's operational strategy.
Lloyds Bank to Close 45 Branches in 2025
Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.
Reach PLC Announces Restructuring, 450 Jobs at Risk
UK publishing powerhouse Reach PLC, owner of the Daily Mirror and Express, has unveiled a significant restructuring plan that could lead to 450 job cuts. The move is a strategic response to a challenging print market and rising costs, aiming to refocus on
Standard Life Aberdeen to Cut 500 Jobs in Restructure
Financial giant Standard Life Aberdeen announces 500 job cuts as part of a £75m cost-saving initiative, aiming to streamline operations and boost profitability.
NSW regulator lifts order blocking UTS job cuts
The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.
Atlassian Axes 5% of Staff in Major AI Restructuring
Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.
Smokey Bones closes UK restaurants in strategic shake-up
American restaurant chain Smokey Bones, a direct competitor to TGI Fridays, has suddenly closed several of its UK branches. The closures are part of a major strategic review, leaving customers and staff surprised. Find out which locations are affected and
Claire's to close UK stores in restructuring move
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
Lloyds Bank Puts 1,600 Jobs Under Review in Restructure
Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.
BOE Governor: Trump Threat to Federal Reserve Independence
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
Halifax to Shut 13 Branches in UK Shake-Up
Halifax confirms 13 more bank branches will permanently close by early 2025, dealing another blow to the UK's struggling high streets. See the full list of affected locations and dates.
Thames Water: Creditors propose £20bn rescue package
Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.
NatWest to close 26 bank branches in 2024
High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.
Nestlé UK CEO Laurent Freixe Fired in Shock Restructure
Laurent Freixe, the long-serving CEO of Nestlé UK & Ireland, has been abruptly dismissed as the food giant scraps its regional management boards in a major corporate overhaul.
Reeves pushes Thames Water creditors to take major haircut
Exclusive: Chancellor Rachel Reeves pushes for significant losses for Thames Water's creditors in a radical restructuring plan, aiming to protect billpayers from the burden of the utility's massive debt.
Spirit Airlines Files For Bankruptcy Protection - Second Time
US budget carrier Spirit Airlines files for Chapter 11 bankruptcy, its second filing in 11 years, as it grapples with mounting debts and fierce industry competition, casting uncertainty over its future operations.
UK Bank Shares Plunge on Budget Windfall Tax Reports
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
Bank of England Losses to Cost Taxpayers £200bn
A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.
Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure
Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.
NatWest Manager Jailed for £344,000 Branch Theft
A trusted NatWest manager who brazenly stole £344,000 from his own bank vault in a meticulously planned daytime robbery has been jailed for three years and four months.
Ford Eliminates 1,400 Jobs in US Electric Vehicle Restructuring
Ford Motor Company announces significant job cuts, eliminating 1,400 positions across Michigan and New York as part of its strategic shift toward electric vehicle production.
58-Day Bank Holiday Drought Until Next Day Off
Brits face a mammoth 58-day wait for the next Bank Holiday after the late May break. Discover the exact date and how to plan for the long stretch.
Bank robber foiled by his own illegible note
A would-be robber's attempt to hold up a Halifax branch was comically thwarted after the cashier couldn't read his scribbled demand note. The bungling criminal, Anthony Denning, is now behind bars after the farcical incident in Southport.
CBS News axes Gayle King in major Paramount restructuring
Exclusive report: CBS News makes dramatic cuts, parting ways with broadcasting icon Gayle King and executive Neeraj Khemlani in a sweeping overhaul by parent company Paramount Global.
Lloyds Slashes Free Overdraft Buffer to £50
Lloyds Banking Group is dramatically reducing its interest-free overdraft buffer from £300 to just £50 for millions of customers from November, a move experts warn will hit struggling households hardest.
UK Bank Holidays 2025: Your Complete Guide
Plan your year ahead! Here is the full, confirmed list of 2025 bank holidays for England, Wales, Scotland, and Northern Ireland, including key dates for your diary.
Bank Holiday Supermarket Opening Hours Guide
Plan your essential shopping this Late May Bank Holiday. Our complete guide details the revised opening times for all major UK supermarkets, including Tesco, Asda, Lidl, and Sainsbury's, to help you avoid a wasted trip.
New CCTV released in hunt for Westminster 'piggyback' bank raider
Exclusive CCTV footage reveals the audacious moment a lone robber used a stolen bank card to drain a victim's account in a busy Westminster branch. Police are hunting the suspect in a fresh appeal to the public.
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