Airdrie Savings Bank to close with loss of 70 jobs
The UK's last remaining independent savings bank is to close down.
The UK's last remaining independent savings bank is to close down.
Clydesdale and Yorkshire Bank is to close 79 branches with the loss of more than 400 jobs, according to Unite.
The pound lost its footing on Wednesday as the dollar strengthened and investors backtracked on initial enthusiasm around Prime Minister Theresa May's Brexit speech.
Deutsche Bank's top earners will have their bonuses slashed as the lender grapples with a hefty fine from the United States and the financial fallout of low interest rates.
US investment banking giant Goldman Sachs has delivered a bumper fourth quarter, helped by a drop in litigation costs and a market rebound following the election of Donald Trump.
The chairman and CEO of car giant Renault-Nissan has said he is confident Britain will negotiate a deal on its exit from the EU that will safeguard the future of Nissan's plant in Sunderland.
MP Frank Field has urged The Pensions Regulator to speed up efforts to extract cash from Sir Philip Green to plug the yawning hole in BHS's pension fund , as administrators look set to pocket almost £5 million from the retailer's collapse.
The Co-operative Group declared it was "back" after cheering surging sales in its Christmas quarter, boosted by a push to sign up more customer members.
The boss of HSBC has said the bank is on course to move 1,000 jobs from its London business to Paris after Prime Minister Theresa May confirmed Britain will scrap its single market membership after Brexit.
Shares in Mitie have sunk after the embattled outsourcer issued its third profit warning since September in response to delayed contracts and a flagging performance from its cleaning division.
Betting giant Ladbrokes Coral has defied the "sporting gods" to remain on track for a hike in profits despite a "savage" December for horseracing and football results.
Luxury fashion group Burberry hailed an "exceptional" festive performance in the UK as booming tourist trade helped send sales surging by around 40%.
Shares in Pearson plunged more than 20% in morning trading after the education publisher warned on profits and said it was planning to sell its publishing unit Penguin Random House.
JD Wetherspoon has warned that it will be stung by significantly higher costs in the second half of the year, adding that it expects sales to slow.
Mr Kipling cakes firm Premier Foods has warned over full-year profits after falling sales and as it battles to offset soaring costs of ingredients.
Mobile phone firm EE has been fined £2.7 million by Ofcom for overcharging tens of thousands of customers.
Experts have warned there could be potential bias among some researchers examining the efficacy of drugs after a new study found that more than half have financial ties to drug companies.
Boris Johnson has plunged the UK's Brexit negotiations into controversy by comparing French President Francois Hollande to a World War Two camp guard administering "punishment beatings".
Holidaymakers heading for the ski slopes are being urged to check they have the right insurance after analysis found only one in six annual policies automatically includes winter sports.
Deliveroo, the restaurant delivery firm, is dishing up more than 300 new jobs as it bids to create one of the "largest technology hubs in the UK".
Workers at the Atomic Weapons Establishment (AWE) will today launch the first of two strikes in a long-running dispute over pensions.
Unemployment has plunged to its lowest total for more than a decade, but the number of people in work has also fallen.
A bad day for bank stocks pulled the Dow Jones industrial average to its third straight loss on Tuesday as many of the patterns that have propelled markets since election day last year snapped into reverse.
The pound soared nearly 3% while £27 billion was wiped off the FTSE 100, after Prime Minister Theresa May used a major speech to detail priorities ahead of Brexit negotiations.
Pulling Britain out of the European single market will be "serious but not fatal" for the City of London, said law firm Clifford Chance as Prime Minister Theresa May outlined her plans for Brexit.
David Davis has appeared to back allowing the Eurozone access to the City of London once Britain leaves the European Union.
Britain's public finances are on an "unsustainable path" and the Chancellor will need to hike taxes and cut spending to balance the books in the years ahead, according to official economic forecasters.
Theresa May is threatening to turn the UK into an offshore "bargain basement" economy, Labour leader Jeremy Corbyn has warned as he demanded more details on the Prime Minister's Brexit strategy.
Theresa May has outlined her plans for Britain's exit from the European Union.
Mortgage lending has remained "resilient" despite recent tax changes and economic uncertainty, according to banks and building societies.
British supermarket shelves are running low on courgettes after the cold snap on the continent hit suppliers.
Abellio is to sell 40% of its Greater Anglia rail franchise to Japanese company Mitsui, saying the joint venture will lead to "significant improvements" for passengers.
Apple is to raise the price of apps in the UK by up to 25% following the fall in value of the pound.
Sterling has soared after Prime Minister Theresa May said there would be a parliamentary vote on Britain's Brexit deal with Europe.
Sausage roll maker Greggs has reported stellar fourth-quarter trading as it prepares to add hipster favourites vanilla latte, green tea and peppermint tea to its menu.
Dunhill and Lucky Strike maker British American Tobacco has agreed to pay 49.4 billion US dollars (£40.8 billion) to take full control of US rival Reynolds in a deal creating the world's largest listed tobacco company.
General Motors will on Tuesday announce a huge investment in its factories that will create or keep around 1,000 jobs.
In flation jumped to a two-and-a-half year high last month as the price of air fares and food rose more sharply than expected, with experts warning of climbing costs for British households in the months ahead.
A deal that will see Rolls-Royce paying about £670 million to British, US and Brazilian authorities to settle bribery and corruption claims has been approved by a judge.
Theresa May has warned fellow EU nations she is ready to walk away from Brexit talks rather than accept a "punitive" deal.
Unpaid internships should be banned to help ensure that thousands of young people do not miss out on jobs in top professions, it has been suggested.
Compensation payments totalling almost £87,000 have been paid out to tax credit claimants who suffered as the result of a botched outsourcing plan.
Embattled rail operator Southern has suffered its worst customer satisfaction rating in an annual survey.
Job vacancies are increasing despite continued uncertainty over what will happen to the economy when the UK leaves the European Union, according to a report.
The Bank of England will tighten its focus on ballooning household debt as consumers continue to spend in the face of a financial squeeze from rising inflation.
British Airways will operate all its long-haul services to and from Heathrow during a three-day cabin crew strike this week and cancel a small number of short-haul flights, the airline has announced.
More than 400 former employees of Phones 4u have won around £1.4 million in redundancy pay, more than two years after the firm went bust.
Vacuum and electronics giant Dyson is expanding its pool of software engineers, with the "majority" of its recruits set to work in the UK.
Nearly 90% of Britain's top bosses are expecting growth this year despite casting a gloomy outlook for the global economy, a report said.
The chairman of global accounting and consulting firm PwC said he doubts that many companies will leave Britain after the country exits the European Union.