Hounslow thriving due to ten bank branches

Bank branches are shutting down across the country, turning high streets into ghost towns and forcing residents to travel miles to access cash. But not in Hounslow. Here, there are ten bank branches within a five-minute walk – the lifeblood of a thriving high street.  Banks claim branches are increasingly …

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Thousands of BA cabin crew vote to accept pay cuts

Thousands of British Airways cabin crew have voted to accept pay cuts as the firm battles to survive.  The airline and its parent company, IAG, are on major drives to bolster their balance sheets.  IAG is trying to raise €2.74billion (£2.5billion) on the stock market while BA has outlined plans …

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Race to buy Asda could be decided this week

The race to buy supermarket giant Asda could be decided as soon as this week, say sources close to the deal.  Private equity giants Apollo Global Management and rival Lone Star Funds have already tabled bids thought to value the business at about £6.5billion.  On the right track?: US owner Walmart …

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Hedge fund triggers talk of William Hill sell-off

A US activist investor has wagered £115million on a stake in William Hill, fuelling speculation that it could push for a sale of the British bookmaker.  HG Vora Capital Management, a New York hedge fund founded by Parag Vora, has built a 5.1 per cent stake in the FTSE250 company.  …

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Taxman set to get new powers over bank details

The taxman is being given new powers to seize bank customers’ financial details without their consent.  New laws will allow the taxman to demand the information from banks with no need to ask a court or the taxpayer they are chasing.  The new laws in the Finance Bill are designed …

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Modern-living communities now come with schools, GPs, shops and bars 

On A fresh early autumn morning, Lakeview, just outside Keinton Mandeville deep in rural Somerset, appears to be the archetypal English village. Houses, made of the local bluey-grey lias stone, surround the village green. There are allotments, orchards and wildflower meadows.  Stand still and the only sounds to be heard …

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How the late Sir Terence Conran changed all our habitats

The late Sir Terence Conran – designer, furniture maker, entrepreneur, restaurateur — will be remembered for the chicken brick, the beanbag and for introducing the British to the duvet. The last of these changed our sex lives. Or so he claimed. For Conran, who died last week aged 88, blankets …

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