News

Figures undermine Osborne's claims that sale presented a profit for taxpayers

Lloyds to shed 1,850 jobs

Lloyds Banking Group is planning to cut 650 jobs from its insurance business and close its Halifax-branded agencies, leading to the loss of a further 1,200 positions.

Questions Of Cash: Airline cancelled flights – and then disappeared

Q. In October 2007, I paid £197.55 for three flights from Dundee to Birmingham with Whoosh airline. To avoid credit card charges, I used my Maestro debit card. The flights were operated for Whoosh by White Eagle Aviation of Poland. On 9 December 2007, the airline suspended all flights on the route. Customers were advised to submit claims for compensation to White Eagle's managing agent in the UK, BluArrow, who would forward them to White Eagle's lawyers. I did this, but heard no more. I emailed WEA, but they did not respond. The company website had some information on compensation, so I assumed the claims were being processed. What is the situation? MP, Dundee.

Agreement saves Palace from oblivion

Crystal Palace avoided becoming the first English club to be liquidated since 1992 after investors secured an agreement to buy the Championship club's stadium.

Crystal Palace saved from extinction

The consortium attempting to buy Crystal Palace are confident they can proceed with their takeover after the Coca-Cola Championship club dramatically avoided extinction today.

Time running out for Selhurst deal

Crystal Palace face liquidation unless the consortium attempting to buy the club can complete the deal by this afternoon.

Crystal Palace on verge of closure

Crystal Palace face liquidation unless the consortium attempting to buy the stricken club can complete the deal by tomorrow afternoon.

David Prosser: The hunt for credit crisis justice

Outlook Slowly but surely, the Financial Services Authority is reaping its vengeance against the individuals it believes were most culpable for the UK end of the financial crisis in 2008. First there was action against several directors of Northern Rock; now the regulator looks set to ban the former Royal Bank of Scotland investment banking chief Johnny Cameron from taking roles above a certain level in financial services, at least for a while.

Banks still levy big overdraft fees

Bank customers are still being hit with high overdraft fees.

Ex IG chief to chair new bank

A new bank targeting independent financial advisers is to be launched with the former chief executive of IG Index, Nat Le Roux, earmarked as chairman.

Lloyds' charity cuts ruin TSB bicentenary

When the bank took over TSB, it agreed to support the charity set up by its new subsidiary. No longer

Mountain of bad debt leaves Lloyds £6.3bn in red again

Part-nationalised lender cuts losses by 6% but refuses to reveal bonuses

Scotland may need sponsor to pay for a top manager

The Scottish Football Association will only seek a financial sponsor for a new national coach if the preferred candidate is out of their price range.

Banks go on the offensive against customers

Anger at Lloyds' attempt to strike out legal challenges but rivals expected to follow suit

Surprise victory for banks over charges

Millions of consumers' hopes of reclaiming unauthorised overdraft charges were dashed today when the banks won a surprise victory in the Supreme Court.

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