UK companies are shedding jobs at the fastest rate since the global financial crisis, excluding the pandemic period, after Chancellor Rachel Reeves announced a £40 billion tax increase in the
Sainsbury’s announced it will cut more than 3,000 jobs
Sainsbury’s has revealed plans to eliminate over 3,000 positions and close its remaining in-store cafes as part of a significant restructuring effort.
NatWest Raises Outlook Following £1.7 Billion Quarterly Profit
NatWest has raised its annual outlook after posting stronger-than-expected profits for the three months ending in September, driven by increased lending and a focus on efficiency.
Sainsbury’s pays NatWest £125 million to acquire Sainsbury’s Bank.
NatWest Group PLC has reached an agreement to acquire most of Sainsbury’s Bank from J Sainsbury PLC (LSE: SBRY), specifically its credit card, personal loan, and savings account businesses. As
NatWest’s profits fall as mortgage rates decline.
NatWest Group PLC (LSE: NWG) experienced a significant 47% decline in mortgage lending year-on-year for the first quarter of 2024, with the total amount lent dropping from £9.9 billion to