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Citi plans to cut about 20000 jobs as part of global overhaul

Citi has said it is planning to cut about 20,000 jobs over the next two to three years as the bank takes further drastic steps to overhaul the global business. Chief executive Jane Fraser said the company had a “very disappointing” fourth quarter after plunging to a net loss of 1.8 billion US dollars (£1.4 billion). It wants to reduce the size of its 239,000 global workforce as part of […]

todayJanuary 14, 2024 9

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Sir Chris Hoy to lead 50km virtual cycle for Doddie Aid MND fundraiser

Olympic cyclist Sir Chris Hoy will lead a virtual bike ride as part of a fundraising campaign for motor neurone disease which has already raised almost half a million pounds in the first two weeks of the year. Sir Chris will lead the 50km cycle on online platform Zwift as part of the Doddie Aid 2024, the flagship fundraising programme for the My Name’5 Doddie foundation. The charity was founded […]

todayJanuary 13, 2024 10

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TUC accuses Government of failing to act on lessons from Post Office scandal

Union leaders have accused the Government of failing to act on the lessons from the Post Office scandal. The TUC said ministers ignored warnings going back years and refused to put in place safeguards to prevent future scandals involving publicly awarded contracts. The union body accused the Government of leaving “huge gaps” in the oversight of such contracts, saying that unions, Labour and the Liberal Democrats had all called for […]

todayJanuary 13, 2024 9

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D Day veteran celebrates 100th birthday at surprise party thrown by family

A D-Day veteran who was shot by a tank appeared overcome by emotion as he celebrated his 100th birthday at a surprise party organised by his family. Bill Gladden was 20 years old when he flew into Normandy on a military glider with a tank and six motorbikes on June 6, 1944. He moved to an orchard just outside the French village of Ranville, near the strategically important Pegasus Bridge […]

todayJanuary 12, 2024 12

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RAF launches targeted strikes against Houthi rebel sites in Yemen

The militia group have been targeting international shipping in the Red Sea late last year The Royal Air Force has launched targeted strikes against military facilities used by Houthi rebels in Yemen, with Rishi Sunak saying the UK will “always stand up for freedom of navigation and the free flow of trade”. It marks the first time strikes have been launched against the group since it started targeting international shipping in […]

todayJanuary 12, 2024 10

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Investigator challenged lawyers as subpostmistress brought Horizon into question

Stephen Bradshaw claimed her attribution of blame to the Horizon system “would given credence” to the subpostmasters’ campaign for justice. A Post Office investigator challenged lawyers who accepted a subpostmistress’s denial of theft because her attribution of blame to the Horizon system “would given credence” to the subpostmasters’ campaign for justice. In a “self-appraisal” form written by Stephen Bradshaw for the business year 2010/2011, he said his reasons for continuing to trial […]

todayJanuary 12, 2024 8

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Pilot scheme to open up proceedings in family courts expanded

Journalists will be allowed to report on cases as they unfold, as long as the identities of families are not revealed A pilot scheme to increase transparency in the family court system is set to be expanded to courts across the country. Although reporters have had access to courts dealing with sensitive matters involving children for some time, despite them being closed to the public, reporting has been highly restricted to only what a judge will allow. […]

todayJanuary 12, 2024 13

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Colin Graves set for Yorkshire return as board agrees to recommend loan offer

Yorkshire’s board has “agreed to recommend” the loan offer from Colin Graves which is set to see the former chair make a controversial return to the club. The financially-stricken club are in desperate need of cash to ward off the threat of administration. Other options – including a mooted deal with former Newcastle United owner Mike Ashley – failed to fully materialise and have left the way clear for Graves […]

todayJanuary 11, 2024 9

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Social media users report losing 75m to financial scams in one year

Social media users caught in financial scams lost nearly £75 million to fraudsters in the space of a year, figures suggest. Data obtained from Action Fraud under the Freedom of Information Act by the Good Money Guide website showed users of six popular sites made 3,597 reports of scams in 2022. These were: – Facebook with 1,193 reports made and a total £32.6m losses claimed – Instagram with 1,857 reports […]

todayJanuary 11, 2024 10