Barclaycard has today confirmed it is to close its loan centre in Glasgow this summer, which will result in the loss of 350 jobs.
The centre, which is located at Academy Park on the city’s south side, deals with loans arranged at the point of sale in shops.
Neil Radley, managing director of International Consumer Lending [...]
According to The Times, the Land Registry is to axe a further 800 jobs, on top of the 1,500 job losses it announced last October.
The Registry, which has 20 offices across the country and covers England and Wales and records and guarantees the ownership of domestic and commercial property, said staff would fall further to [...]
PayPal has launched version 2.0 of its Send Money application for the Apple iPhone.
PayPal said the app transforms an iPhone into a wallet.
“Today, you leave the house with three critical things: your phone, your wallet and your keys,” said Osama Bedier, PayPal’s vice president of platform and emerging technology.
“PayPal Send Money lets consumers access their [...]
Japanese carmaker Nissan has announced it will build its electric car at its Sunderland plant.
The announcement will safeguard hundreds of jobs when production begins in 2013 – as part of a £420 million investment from Nissan.
Meanwhile, Trevor Mann at Nissan said the Government had played a major part in the carmaker’s decision to build [...]
Britain’s largest mutually-owned retailer, the Co-operative Group, has today posted “record sales and profits” for the 2009 year after its acquisition of Somerfield and its merger with the Britannia building society.
The group said underlying operating profits before significant items soared 20% to £473 million over the year, while revenue was £13.7 billion.
Meanwhile, the [...]
Oil giant Royal Dutch Shell has today announced it will axe a third of its global petrol station network and shed a further 1,000 jobs by the end of next year, as part of its ongoing cost cutting programme.
The Anglo-Dutch firm, which is Britain’s second largest oil company, has been hit by a slump [...]