Banks close 2,900 branches in three years, says Which?
Craig TaylorConsumer group Which? identifies 2,900 branch closures in three years, with RBS shutting most. BBC News – Business
Business
Federal Reserve raises interest rates
The US central bank has increased its benchmark rate by 0.25%. BBC News – Business
Wage growth slows despite unemployment fall
Wage growth has slipped to 2.8%, official figures show, as unemployment falls. BBC News – Business
Train firms skirt law on loss claims, says Which?
Some rail firms are “thumbing their noses at passengers” by not reimbursing them, says Which? BBC News – Business
Birthday Honours 2018: Network Rail boss made CBE amid travel chaos
Network Rail admits the “timing is difficult” as its boss is honoured in the Queen’s Birthday Honours. BBC News – Business
BT boss Gavin Patterson to step down
The telecom giant’s chief executive is leaving after coming under pressure from shareholders. BBC News – Business