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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Traffic delays on M25 after multi-vehicle crash
A serious multi-vehicle crash on the M25 in Essex has led to the closure of the anticlockwise carriageway between junctions J29 and J28, resulting in 30-minute delays for drivers. Emergency services, including an air ambulance, are on-site, and diversion routes have been implemented as traffic congestion extends to Romford and Brentwood. Need More Context? 🔎
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