Banco Sabadell is considering selling TSB Bank, which it acquired for £1.7 billion in 2014, amid a hostile takeover attempt by Spanish rival BBVA. The move comes as TSB, with around 175 UK branches and five million customers, has seen profits nearly double, but the UK banking sector is facing significant changes, including branch closures by other banks like NatWest and Santander.
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Police halt investigations into train station bike thefts
Bike theft is increasing, but British Transport Police (BTP) will not investigate thefts if bikes are left unattended for over two hours or if passengers cannot specify their train carriage. This policy, criticized by victims like Simon Feldman, aims to prioritize police resources for more solvable crimes, despite concerns it may effectively decriminalize bike theft. Want More Context? 🔎
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