Brothers

बैंक का कहना है कि उसने उच्च न्यायालय में Telegraph के पूर्व मालिकों Aidan और Howard Barclay के खिलाफ कार्यवाही वापस ले ली है Telegraph के पूर्व मालिकों ने £140m से अधिक के बकाया कर्ज पर HSBC के साथ समझौता करने के बाद दिवालियापन से बच गए हैं। मंगलवार को उच्च न्यायालय की सुनवाई में, यूरोप के सबसे बड़े बैंक ने कहा कि उसने Aidan और Howard Barclay के खिलाफ कार्यवाही वापस ले ली है, जिनके परिवार ने Lloyds Bank के £1.16bn के बकाया कर्ज के कारण 2023 में Daily और Sunday Telegraph का नियंत्रण खो दिया था। पढ़ना जारी रखें...

Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320mClose Brothers shares surged on Wednesday after the UK bank declared it could “comfortably absorb” its slice of a £9.1bn compensation bill over the motor finance scandal, hours after one of its rivals announced it was selling its UK operations over looming costs.The specialist lender said it expected the final terms of the Financial Conduct Authority’s (FCA) compensation scheme to cost roughly £320m, a sum that is “broadly similar” to previous estimates and the £294m put aside to date. Continue reading...

• The Country Music Hall of Fame revealed its 2026 inductees on March 21: country star Tim McGraw, songwriter Paul Overstreet, and bluegrass pioneers the Stanley Brothers. • Tim McGraw, with over 75 million albums sold and hits like 'Live Like You Were Dying,' joins legends such as George Strait in the modern era category. • Paul Overstreet earns recognition for penning 16 No. 1 hits including 'Forever and Ever, Amen' for Randy Travis.

Specialist lender’s shares plunge after short seller claims it will have to raise provision for compensation Business live – latest updatesThe banking group Close Brothers is to cut about 600 jobs and roll out the use of AI “at pace” after posting further losses in the face of a mounting compensation bill for the motor finance scandal.The specialist lender said the cuts – nearly a quarter of its 2,600-strong workforce – would be made over the next 18 months across its teams in the UK and Ireland. Continue reading...