Metro Bank, which aims to make banking a “fun retail experience” opens in Holborn, central London today.
The bank is Britain’s first new high street lender for more than a century and it has pledged to return to “core banking values”.
The bank said it will employ more cashiers than the existing “big four” banks, while keeping [...]
A survey by the Confederation of British Industry (CBI) has revealed a fall in UK retail sales for the month of May.
Its monthly distributive trades survey reported a sales balance of -18 in May from +13 in April – a 14-month low and the biggest one-month drop in the index since January 2005.
According to the [...]
The UK’s recovery from recession was at a snail’s pace in the first quarter of 2010, with GDP growing by an estimated 0.2%, or just half analysts’ expectations of 0.4%.
According to the Office for National Statistics, progress was also half that made in the final quarter of 2009, when output increased by 0.4% once an [...]
The John Lewis Partnership, which is seen as a barometer of British retailing, today announced that sales grew 10% in the week to 10 April, compared with the same period a year ago.
The renowned employee-owned department store said customers are still spending despite the uncertainty over next months’ election.
The firm has been outperforming its rivals [...]
Metro Bank, which was recently granted a banking licence by the Financial Services Authority (FSA), has told Sky News that it plans to make banking a “fun retail experience”.
The bank, which is set to become Britain’s first new high street lender for more than a century, is set to open two branches in central London [...]