Financial news

• Lloyds Banking Group to shut another 136 UK high street branches

  29-01-2025 15:21
  Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile bankingBusiness live – latest updatesLloyds Banking Group has revealed plans to shut another 136 branches, weeks after a policy allowing customers to do their in-person banking across any of its three brands prompted fears that bosses could close up to a quarter of its high street sites.The move will cut the group’s branch network by a further 15%, accelerating a strong shift towar
  
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• Freeze your nuts – but not your mushrooms! 28 thrifty, fabulous ways to use your freezer

  29-01-2025 14:00
  Bag up your breadcrumbs and gather your gravy. Here’s how to use your kitchen’s most underrated asset to its greatest potentialAlmost all of us have a freezer of some size, and yet so few of us maximise its potential. If you’re like me, it’s sat there filled with nothing more than a bag of peas, a half full sack of oven chips, a tray of ice cubes and some pre-pandemic fish fingers. But it’s always on, always consuming energy.It doesn’t have to be like this &nd
  
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• Child poverty predicted to rise in most of UK except Scotland

  29-01-2025 12:25
  
  Joseph Rowntree Foundation calls for changes to benefits system amid pressure on Labour to scrap two-child limitChild poverty is on course to increase in most of the UK by the end of this parliament, with only Scotland bucking the trend, according to analysis by a poverty charity.Although Labour’s election manifesto committed it to an “ambitious strategy” to reduce child poverty, only in Scotland will rates have fallen by 2029 under current economic projections, the Joseph Rown
  
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• UK reportedly planning electric car loan subsidies to push sales

  29-01-2025 11:01
  
  Ministers in talks with vehicle finance sector about making more low-interest or interest-free loans availableThe UK government is reportedly considering subsidising purchases of electric vehicles by guaranteeing consumer loans, as it looks at ways to boost sales that are failing to reach official targets.Ministers have started talks with the car finance sector on how to make more low-interest or interest-free loans available to help consumers buy more EVs, according to the Financial Times. Cont
  
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