A five-year squeeze on living standards is coming to an end, providing a boost for Prime Minister David Cameron as he battles opposition claims that ordinary Britons are facing a “cost of living crisis.”
RBS says the closures come amid a 30 percent drop in branch transactions since 2010, in an e-mailed statement today. * 14 of the branches are classed as “last banks in town” *“Many branches classed as ‘Last Bank in Town’ are only open for a few hours a week and only see one or two customers per hour. We have to adapt to what our customers want”: statement * Labor union Unite urges govt to intervene to reverse closures, saying it’s a “stealth attack” on bank branches: in a separate statement * NOTE: RBS has 2,000 branches in total, 314 of which will become Williams & Glyn * The Guardian newspaper reported the story earlier
Nate Silver, the New York Times blogger who jumped to ESPN last year, introduced his revamped FiveThirtyEight.com website today as more traditional media companies seek investments in online journalism.
Edward Snowden could have been thwarted from leaking classified U.S. documents if the National Security Agency encrypted the information to make it unreadable, two former senior cybersecurity officials said.