Britain's biggest lenders are shutting hundreds of branches and culling thousands of staff in a push to cut costs and move towards a digitally focused model that is irrevocably changing high street banking.
LONDON (Reuters) - Sales at troubled British grocer Tesco (TSCO.L) fell 5.2 percent year-on-year in the 12 weeks to Oct. 11, according to monthly industry data published on Friday.
A santa hat is bound to make your cat much happier at Christmas. Well, maybe not in this instance. Photograph: Alamy. Sarah Butler.
Construction group Morgan Sindall's shares plunged more than 13pc after it issued a profit warning because of a fire at a carbon-neutral research lab it was building and delays and cost over-runs in other projects.
The media is berating the slumping supermarket giant (LON:TSCO) for its trading update yesterday, while the City is less than gruntled at the removal of trading guidance for 2015.