Kieran Lockhart, May, 3 2025
Santander UK is boosting financial provisions as it faces criticism for shutting down 95 branches, a move affecting 750 jobs and raising concerns about access to banking. The bank plans new community banker roles and more shared banking hubs to balance digital growth with the need for local services.
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Kieran Lockhart, Apr, 21 2025
Costa Coffee opened a sleek new shop at Banbury Station on December 16, 2024, offering coffee, snacks, and travel essentials. This is part of Chiltern Railways’ broader station upgrades, which include fresh paintwork and new toilets expected by spring 2025. The revamped café aims to enhance the experience for commuters and visitors alike.
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Kieran Lockhart, Apr, 10 2025
In a stunning market rally, U.S. stocks soared after President Trump paused most tariffs for 90 days, leaving China with intensified trade measures. The S&P 500 rose dramatically, with tech and airline stocks leading the charge, despite a strong retaliatory move from Beijing. Analysts express concern over the potential economic impact of a prolonged trade war.
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Kieran Lockhart, Apr, 9 2025
Morrisons is shutting down 17 supermarkets and 52 cafés across the UK to improve efficiency. The company is offering affected employees alternative roles where possible, and customers can use an online tool to check if their local site is impacted. These steps mirror industry trends driven by shifting consumer behaviors and economic factors.
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Kieran Lockhart, Feb, 1 2025
On January 31, 2025, Barclays Bank was hit by a severe IT outage, affecting thousands of customers trying to conduct online banking during a crucial period. The disruption coincided with the HMRC tax deadline, raising panic among self-employed individuals due to potential penalty risks. Barclays apologized and worked on resolving the problem, advising customers to refrain from retrying transactions.
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Kieran Lockhart, Jan, 25 2025
NatWest plans to close 53 branches across the UK in 2025, reflecting the ongoing digital transformation in the banking sector. These closures follow a broader trend of banks reducing their physical presence as customer preferences shift towards online banking. Despite the decrease in branches, NatWest is investing in alternative solutions like Banking Hubs to support customers affected by branch closures.
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