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Faulty UK ATM starts paying 'free money'

 Any time double money! A faulty ATM in the United Kingdom started dispensing double the amount requested as people squabbled with each other to avail the sudden windfall. Police were called to calm......

Lloyds TSB to bailout HBOS for 12.2 bn pounds

 British banking major Lloyds TSB has announced that it has reached an agreement for acquiring UK's troubled mortgage lender HBOS for a consideration of 12.2 billion pounds. The offer values HBOS at......

Lloyds TSB to offshore 450 jobs to India

 Lloyds TSB, British bank major, has decided to move 450 information technology jobs, 250 of them permanent, to India provoking immediate hostility from bank unions. A Lloyds TSB spokesperson said:......

Lloyds Bank to move 300 jobs to India

 In an apparent cost cutting measure, the Cheltenham and Gloucester (C&G), a wholly owned subsidiary of Lloyds TSB Bank, will close a mortgage and customer service centre and move about 300 jobs to......

Lloyds, Barclays to move 1,000 jobs to India

 Amid protests from trade unions, two leading British banks Lloyds TSB and Barclays have announced their plans to move more than 1000 banking jobs to India as part of outsourcing to cut down......

UK's Lloyds to move 1,500 jobs to India

 Despite protests from a section of trade unions, more British financial services jobs are destined for India with Lloyds TSB announcing that 1,500 jobs will be created in Bangalore and Hyderabad by......

Swimsuits row refuses to sink ahead of worlds

 If swimming fans thought the row over revolutionary bodysuits was over, they can think again. Top male swimmers are so frustrated by the controversy that they are even threatening to whip out......

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