2021-01-22 01:01:32| Guardian Unlimited Business - more business news
Savers pulled 26.5bn in final three months of 2020 after cuts in payouts and saving ratesThe boss of Britains state-owned savings bank has apologised for dismal customer service levels following a surge in withdrawals, saying the bank struggled to cope with unprecedented demand and a drop in staffing linked to the pandemic.In a letter to MPs on the Treasury committee, National Savings & Investments chief executive Ian Ackerley said the bank was opening four new call centres to help cope with demand, after big cuts in its bond prize payouts and savings rates left customers scrambling to pull their cash. Continue reading...
2021-01-21 20:55:00| Fool.com Headlines
For now, the company is following a successful, if ad-hoc, sales model.
2021-01-16 08:00:05| Fast Company
Parler is a favorite of Trump supporters and attendees of the Capitol attack. But its future is now in jeopardy. Early in the morning of January 11, the social media platform Parler went offline after Amazon withdrew the platform’s web hosting services. Parler sued Amazon in response.Read Full Story
2021-01-15 18:32:54| Guardian Unlimited Business - more business news
Increased lockdown measures in Germany, France and China dent prospects for rapid recovery in 2021The FTSE 100 has recorded its worst week since late October as concerns increased about the economic fallout from tougher lockdown measures around the world.The index of leading UK company shares ended the week down by 138 points compared with the previous week, a fall of about 2%, at 6,735, after official figures showed the British economy edged closer to a double-dip recession in November. After a strong start to the year, gaining by about 6% since the start of January, the performance was the worst weekly decline for the FTSE 100 since the last week of October as England headed for a second national lockdown. Continue reading...
2021-01-14 23:54:03| Between the Hedges