Nearly a third of Lloyds Bank workers say they are struggling financially, according to a poll that has highlighted the disparity between the bank’s worst-paid staff and its chief executive, who earned £6.3m in 2018.
A David v Goliath battle will begin in the north-east of England on Tuesday as the mayor of the Tees Valley (population 700,000) faces off with the government of Thailand (population 69 million) over the future of the former Redcar steelworks.
Gas and electricity bills will fall for about 15m households this summer after the energy regulator, Ofgem, reduced its price cap on standard bills in response to falling global energy markets.
Burberry Group (BRBY) has said the coronavirus is having a devastating effect on the luxury goods market, as wealthy Chinese consumers stay away from shops and travel restrictions curb overseas shopping sprees.
The stricken department store chain Beales is to close more than half its shops in the latest blow to the UK’s struggling high streets.
