UK TRADE AND BUISNESS

Barclays has announced the closure of 15 other sites across the UK this summer. The bank has so far planned to shut down 73 branches this year due to the falling number of visits from customers. Sky says. Data has shown a decrease in people using their local branches, with changes in habits due to […]

The Bank of England is on “heightened” alert for further turmoil in the banking sector, its governor has said. BBC reports However, Andrew Bailey told MPs the recent problems facing lenders had not caused stress in the UK banking system. Officials have tried to calm investors since Silicon Valley Bank and Signature Bank failed, sparking […]

Hundreds of picket lines will be formed around the country amid continuing dissatisfaction with issues including pay, jobs, pensions and conditions. Sky News reports Teachers, university lecturers, civil servants, junior doctors, London Underground drivers and BBC journalists will form picket lines around the country to coincide with the chancellor’s budget, amid continuing dissatisfaction with issues […]

Shortages of some fruit and vegetables, including tomatoes, are likely to persist for several weeks, according to industry sources. BBC reported The British Retail Consortium (BRC) blamed “difficult weather conditions”, which have caused poor harvests in southern Europe and North Africa. High energy prices have also affected production. Extreme weather has been causing problems in […]

Hundreds of bus services across England could be cut if government funding is not extended, the industry has warned. BBC reported Up to 15% of services could be scrapped, according to the Confederation of Passenger Transport, which represents bus and coach firms. With government funding and the temporary £2 fare cap set to expire at […]