Lloyds Banking Group plans to close 136 high street branches, including five in Greater Manchester, by March 2026 to cut costs and digitalize. The closures will affect Lloyds, Halifax, and Bank of Scotland branches, with workers offered jobs elsewhere in the company. The move is attributed to the shift towards mobile services, allowing customers to use any of the group’s branches for in-person banking.
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HMRC to offer ‘life-changing’ cash rewards for employees who report tax dodging bosses
New HMRC Scheme to Combat Tax Fraud In a bid to reduce the UK's £7.5 billion tax gap, HM Revenue and Customs (HMRC) has introduced a new scheme offering up to 25% cash rewards to individuals reporting tax fraud by large corporations and wealthy individuals, inspired by the U.S. model. Chancellor Rachel Reeves highlighted the importance of incentivizing whistleblowers, as currently, HMRC only provides modest discretionary rewards. The new scheme will focus on serious non-compliance...
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