Business

Goldman Sachs wants your piggy bank

Image copyright Getty Images A new savings bank hits the UK next week, but it’s far from being a new company. Marcus is part of the mighty Goldman Sachs – the US investment bank once dubbed the “vampire squid”. Its move into the UK comes as no surprise. Its US savings bank, which was set […]

Business

Is this the secret to High Street success?

The ongoing struggle of our High Streets is a familiar tale. Slowing consumer spending, online competition and increasing costs means the number of empty shops has grown. Some well-known brands such as Maplins and Toys R Us have disappeared altogether – leaving yet more holes. Yet one town – Altrincham in Cheshire – has managed […]

Business

Pound falls after May’s Brexit statement

Image copyright Getty Images The pound’s fall against the dollar and the euro has deepened following Theresa May’s assertion after an EU summit that “no deal is better than a bad deal”. Sterling was already trading lower after EU leaders warned the UK must make compromises on trade and the Irish border to secure a […]

Business

John Hancock adds fitness tracking to all policies

Image copyright Getty Images One of the largest life insurance providers in North America will no longer offer policies that do not include digital fitness tracking. John Hancock will now sell only “interactive” policies that collect health data through wearable devices such as a smartwatch. Policyholders can earn discounts and rewards such as gift cards […]

Business

Rail: ‘Lack of accountability’ led to timetable chaos

Image copyright Alamy “No-one took charge” during the timetable chaos that caused severe disruption on Britain’s railways in May, a regulator has said. The Office of Rail and Road (ORR) blamed a lack of “responsibility and accountability” for the problems and said passengers were “badly treated”. It said track manager Network Rail, two train operators […]