Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider March 7, 2024 Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
Gold Standard Service with Hyde New Homes September 4, 2024 Our developments across the city, by the coast, and in the countryside offer the chance to step onto the property ladder with shared ownership in London, Kent and Sussex. Each Hyde home is a testament to our commitment to exceptional workmanship and thoughtful, sustainable design. At Hyde, our customers come first. This means staying in [...]
Co-operative Bank eyes acquisitions as profits top £103m November 10, 2022 The Co-operative Bank said it was eyeing up potential acquisitions today after it posted a 75 per cent surge in pre-tax profit to £103.1m in the first nine months of the year. The high street lender said profits had more than tripled from £29m on the same period last year as it became the latest [...]
Asda and EG Group £12bn merger would risk jobs and food supplies, union warns April 27, 2023 A union representing workers at Asda has said a potential merger of the supermarket with EG Group’s UK petrol stations could risk jobs, food supplies and monopolise petrol stations across the UK. The GMB Union wrote to Business Secretary Kemi Badenoch urging her to call in the competition regulator to investigate the possible multibillion pound [...]
Privacy group slams supermarkets for using ‘Orwellian’ facial recognition cameras July 26, 2022 Privacy rights group Big Brother Watch has filed a legal complaint with the UK data watchdog claiming that Southern Co-operative’s use of live facial recognition cameras in its supermarkets is “unlawful”.
The Notebook: Championing women in sport goes further than just the game March 20, 2024 Susie Logan takes the Notebook pen to talk about supporting women's sport, the power of co-operatives and a visit the Francis Crick Institute.
Cough up cash for small suppliers TSB tells rivals April 19, 2022 High street lender TSB has called on rivals Co-Operative Bank and Metro Bank to speed up supplier payments after data found the banks are among the worst culprits for paying suppliers late.
Tech company AdEPT announces higher revenue and cash generation in strong year July 12, 2022 AdEPT Technology Group reported an 18 per cent increase in revenue to £68.1m and strong cash generation after tax of £8.1m for the year ended 31 March 2022. In a solid year for the IT and communications company, gross profit increased 17 per cent, £32.4m up from £27.6m the year before. Revenue was also lower at £57.9m [...]
The Notebook: Facial recognition CCTV is Orwellian. But it also doesn’t work May 13, 2024 Silkie Carlo, director of Big Brother Watch, takes the pen to talk CCTV surveillance, bank spying powers, and the power of dog adoption.
Hunt’s budget was more a salad buffet than a proper City lunch March 7, 2024 Sky News’ City Editor Mark Kleinman on the budget, the latest on the Woodford fallout, and another bank tie-up