A record five million UK workers are now in low-paid jobs, according to a new report. The Resolution Foundation think-tank said the number of people earning less than �7.69 an hour increased by 250,000 last year to reach 5.2 million.
Lloyds is to shed a further 9,000 jobs as digital banking spreads. Photograph: Andrew Matthews/PA. Jill Treanor. Saturday 25 October 2014 19.05 EDT.
Twenty-five banks are set to fail the European Central Bank's Comprehensive Assessment today, according to a draft communique of the results seen by Bloomberg News.
... * 41-year-old lawyer found dead on Oct. 20. * Calogero Gambino worked for German bank for 11 years. * Gambino negotiated on Libor, currency probes (Updates with confirmation of death; Deutsche Bank statement).
LONDON - Tesco Chairman Richard Broadbent will leave after Britain's biggest supermarket company said accounting irregularities started earlier than this year and will continue to affect profit in the second half.