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Universal bank will need £350m state funding

The government is facing an annual bill of up to 350m to create the Post Office-based universal...LONDON (Brand Republic) – The government is facing an annual bill of up to 350m to create the Post Office-based universal bank, because 10 high-street banks are reported to have refused to pay 125m a year towards running costs. The Guardian reports that the banks are only prepared to pay half ...

Ralph Nader apes Monster.com in latest ad

they are focused on their governmental, rather than career, future. The ads will air across 30 US states. “When I grow up, I want the government to have the same problems as it has today,” says one child. Other lines ...

Orange considers French float

shareholder, the French government, is believed to prefer a French chairman if Orange registers in France ...

Banks row over government’s proposed Universal Bank

Britons without a bank account. The bank, run via the Post Office, will enable the government to pay ...

Post Office bank to be tendered out

The Post Office’s Clear bank will be run by a third party, if the government goes ahead with plans...LONDON (Brand Republic) – The Post Office’s Clear bank will be run by a third party, if the government goes ahead with plans to tender out the contract. The bank is part of a drive by the government ... by Alliance 300m, but the government wants the financial services sector to contribute 130m of this each ...

World Bank internet portal slammed

LONDON (Brand Republic) - The World Bank’s planned internet portal has been slammed by development experts and academics. The bank’s Global Development Gateway initiative aims to provide information to development agencies, donors and governments. However, watchdog charity the Bretton Woods Project sent a ...

RBS targets financially excluded

, in response to the government’s call for accounts targeting the financially excluded market....LONDON (Brand Republic) – The Royal Bank of Scotland is to a launch basic current account with an annual saving of 19, in response to the government’s call for accounts targeting the financially excluded market. The government has given banks a deadline of October to set up no-frills lower ...

Nomura hi-tech complex in line to take-over UK’s Dome

The government is set to announce on Thursday (July 20) who will take over the Millennium Dome once...LONDON (Brand Republic) - The government is set to announce on Thursday (July 20) who will take over the Millennium Dome once the millennium exhibition closes on December 31. It is anticipated that Dome Europe, backed by Japanese bank, Nomura, will be successful with its high-tech entertainment ...

 

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