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1-10 results from 1000 for query «savings»

January 14, 2019 9:12 AM New Look to slash debt by £1bn to restore profitabilty

The South African-owned company warns that conditions in the UK retail market continue to be challenging.  The company, which is closing its remaining 120 stores in China as well as 60 stores in the UK to return to profitability, said it had agreed with key shareholders to slash its debt from £1.35bn to £350m. It will raise £150m in new money to finance 139

December 14, 2018 12:31 PM British Army CRIPPLED by recruitment problems as private firm Capita comes under fire

BRITISH Army outsourcing firm Capita is crippling the military by missing targets by 30 percent - despite hiking the cost of its contract with the Ministry of Defence by an eye-watering £182million. It was supposed to deliver savings of £267million annually, and of that the Army estimates Capita has achieved a minuscule £25million over a six-year period 79

November 28, 2018 1:21 AM NHS crackdown on silk garment prescriptions

NHS England has announced plans to curb the prescription of "low-priority" items like silk garments. There is limited evidence the clothing helps people with eczema and dermatitis enough to justify prescribing it, a consultation document says. Officials are proposing taking eight items off the NHS prescription list under plans aimed at saving £68m a year. Many prescribers 79

November 8, 2018 4:55 PM That's a new one! Brussels blames BAD WEATHER and Brexit for GLOOMY UK financial forecast

EUROPEAN Union finance chief Pierre Moscovici has blamed Brexit and bad weather for the bloc’s latest gloomy growth figures which show Britain as Europe’s sluggish economy. The European Commission’s latest doom mongering economic forecast predicts the United Kingdom will be the EU’s slowest growing economy over the next two years. The powerful Brussels 101

October 25, 2018 11:19 PM Four million millennials can get new railcard

The new 26-30 railcard will go on sale before the end of the year - and this time it will be available to all four million eligible passengers, the rail industry has announced. During a trial in the spring, only 20,000 people were allowed to buy one. The ticket website crashed because of overwhelming demand from thousands of young people. The launch 77

October 22, 2018 10:44 AM Robert Sharkey jailed for spending dead woman's £6k on pizza

A man who spent £6,000 of his dead neighbour's savings on pizzas has been sentenced to two years. Robert Sharkey, 24, of Grays Hill, Bangor, was convicted of 11 charges after failing to report the woman had died, and then stealing from her. The charges included using one of Marie Conlon's debit cards to buy almost £6,000 worth of pepperoni pizzas 78

September 4, 2018 2:16 PM 'We can be a FREE trading nation!' Wetherspoons boss shuts down Labour MP in FIERY clash

WETHERSPOONS boss Tim Martin was involved in a fiery clash with Labour MP Jess Philips after he suggested a no deal Brexit would allow the Government to divide the £40billion withdrawal deal between British citizens. "My constituents already are in an enormous deficit. Their jobs have been moved to Slovakia from Jaguar-Land Rover so excuse me if I’m not cheering 108

August 26, 2018 11:01 PM ‘Give savers a bonus’ to prevent pension poverty

Mr Johnson’s report also warned that the current system had become hugely expensive for the country. “In 2016-17, the combined cost of tax relief and National Insurance rebates on pensions contributions was £47billion – of which 40 per cent went to the top 10 per cent of earners. The top one per cent received more than double the amount paid to the bottom 77

August 24, 2018 6:40 PM Fundraising skydive after a tragic death

A CLOSE friend of a young mum who died in her sleep has collected hundreds of pounds before a planned a skydive. Chloe Dunk tragically died in May aged just 20 after taking a nap at her Southend home, leaving behind her one-year-old son Raheem. Taylor Cooper, 26, from Romford, a friend of her brother, Chris Dunk, is now preparing for the charity skydive 87

August 23, 2018 11:57 AM Goldman Sachs to launch UK online retail bank in coming weeks

The Wall Street giant will launch its Marcus savings accounts to retail customers as it seeks to broaden its appeal. Marcus, named after Goldman Sachs' founder, will be open to the investment bank's UK employees from Thursday before its official launch. "Marcus by Goldman Sachs, which first launched in 2016 in the US, will now extend its product offering 136