LV=, the former friendly society that is one of Britain’s biggest financial services mutuals, is exploring a sale of its remaining operations in a move that would bring the curtain down on its 177-year status as an independent business.
More than half of Poundstretcher’s stores are at risk of closure as the high street discount chain prepares to launch a radical restructuring plan that will seek steep rent cuts from landlords.
If the first quarter of the year was a terrible one for global stock markets, as economies around the world went into a deep freeze to stem the spread of COVID-19, the second quarter has, to date, been little short of sensational.
Lloyds Banking Group has been fined £64m by the City regulator over its treatment of more than half a million mortgage customers suffering payment difficulties.
