Tuesday, September 16, 2025
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Business News

Business News

NatWest to Close 26 Branches, More Closures Ahead

Erik Sundström -
NatWest will close 26 bank branches this month, with additional closures planned for later in the year. Two branches in Cwmbran and Wisbech have already been shut down this week, and two more in Leicester and Rayleigh will follow...
Business News

“Gender Pensions Gap: Women Earn £7,600 Less Annually”

Erik Sundström -
A recent report highlighted a significant pensions gap affecting women, with the average woman having £7,600 less annually for retirement compared to men. This gap stems from factors like gender pay inequality at work and women taking more unpaid...
Business News

“UK Chancellor Faces Struggle with Surging Borrowing Costs”

Erik Sundström -
Chancellor Rachel Reeves faced a setback as government borrowing costs surged to levels not seen in nearly three decades. The interest rate on 30-year UK gilts spiked to 5.70% amid worries about the economic outlook and global government borrowing...
Business News

“£50,000 Prize for Premium Bonds Holder with £45 Investment”

Erik Sundström -
One fortunate individual holding Premium Bonds has secured a £50,000 prize despite having only £45 invested in the account. The winner hails from East Riding of Yorkshire and originally acquired the bond an impressive 51 years ago back in...
Business News

“Wetherspoon Bans Scottish Notes at English Pubs”

Erik Sundström -
Wetherspoon has implemented a policy prohibiting the use of Scottish £20 and £50 notes in its English pubs, leading to instances of customers being turned away. One elderly patron, Craig Neil, experienced embarrassment when his attempt to pay with...
Business News

“Waitrose Trials AI-Powered Shopping Carts for Automatic Checkout”

Erik Sundström -
Waitrose is currently testing innovative AI-powered shopping carts that automatically track items as customers place them in the cart. This new technology requires shoppers to attach a device to a regular Waitrose trolley's handlebars, equipped with a scanner and cameras...
Business News

“Details Released: Winter Fuel Payment Amounts Revealed”

Erik Sundström -
The DWP has provided details on the Winter Fuel Payment for this year. If you qualify, you can expect to receive between £100 and £300. These payments are made to pensioners born before September 22, 1959, in November and...
Business News

“Asda to Launch 20 New Convenience Stores & Cafe Revamp”

Erik Sundström -
Asda is gearing up to launch around 20 new convenience stores later this year. The initial Asda Express store will debut in Castleford in early October, with subsequent openings in various locations following shortly. These stores will offer a...
Business News

“Poundland Revamps Pricing Strategy, Embracing Simplicity”

Erik Sundström -
Poundland is set to implement a new pricing strategy across its UK stores, simplifying prices to £1, £2, or £3. The discount retailer is returning to its core values after being acquired by investment firm Gordon Brothers for £1....
Business News

“Co-operative Bank Cuts Branch Hours Amid Declining Foot Traffic”

Erik Sundström -
The Co-operative Bank plans to reduce operating hours at 40 of its branches starting next year. Some branches will experience a cut of up to three hours per week, with 18 branches closing for a day each week. For...
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Latest News

LatestErik Sundström -

“Obama Lawyer Named Executor in Epstein’s Will”

A recently uncovered document from the newly released files reveals that a former legal representative of Barack Obama has...

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