Got to have somewhere to deposit it. So the rules that were announcing also cover the ability of businesses to deposit cash in a location thats convenient to them. But convenience is a difficultjudgment. To maintain the current provision of free access to cash, for now, the new rules will state that people should have to travel no more than a mile in urban areas to withdraw or deposit cash. In rural areas, the distance has been set at three miles. Theres going to be situations where people are very reliant on Public Transport and if theres bad Public Transport in an area, then three miles might seem like a hike to the himalayas. Whats important is that this recognises that the banks have a duty to protect their customers and to make sure that those who still rely on cash, which is so many of us, continue to be able to access it. If they fail in that duty, banks could be fined by the city watchdog. But Bank Branches are closing at a rate of more than 50 a month. So, the answer may be Ba
Get in touch, here is the news. Retail sales fell more than expected last month partly because of the wet weather. The office for National Statistics say they were down by 1. 2 in july. Statistics say they were down by 1. 2 injuly. More than a quarter of sales for online, the highest level since february last year. The treasury has told banks and Building Societies they will be fined if they dont provide sufficient access to cash. Free cash withdrawal should be available three miles in rural areas and one mile with in urban areas. The system to allocate Liver Transplant is weighted to much towards older people. Figures show younger people are waiting four times longer on average than those over 60. The nhs said its Computer Algorithm saves lives. The top official on maui has resigned. He says he is stepping down for health reasons. He has been criticised in the wake of the wildfires which have killed 111 people. Residents of maui has had a stronger response would have saved lives. We a
after bloomberg reported they are among the banks under scrutiny in a us department ofjustice probe into whether financial professionals helped russian oligarchs evade sanctions. shares of ubs and credit suisse fell more than 6%. and secondly deutsche bank slumped more than 13%, after a sharpjump in the cost of insuring against the risk of default after concerns about what happened to credit suisse. so what is happening to an already beseiged banking sector? hopefully, russ mould, an investment director at aj bell, can help us make sense of it. ross, what is happening? i think ubs and credit suisse under in a regulatory investigation is clearly unfortunate. equally, both forums have been under regulatory scrutiny before, so perhaps you shouldn t be quite so shocked there. i think the rise in deutsche bank is indicative of wider loss of confidence in the banking sector. i think there is a gathering fear that central banks may have overdone it with great interest rate increases
sports, but happy to fill in again, and since i don t get the chance to do this too often, i want to do something different, you see, sometimes we hear on fox news can be a little bit hard on president biden. every second it s he called republicans out threat to democracy that s, or seemed clueless while afghanistan claps that, or middle-class people can afford food, can we stop complaining for just one second? how want to take this opportunity to highlight some of the most impressive things we have seen from joe during his presidency. for one thing, he does not get enough credit for his devotion to the united states having its first female president. yeah! a lot of people in the past may have said the future is female, but joe biden is the only guy who thinks that future is now. now president harrison i took a tour of a vaccination center in arizona. [laughter] happy birthday, great president. all kidding aside, of course president harris is a proud howard alum. last
This week we are at the hospital thats using ai to try and cut Waiting Times for surgery. We are all at sea to see if sailing can go solar, we are finding our funny at the Fringe Festival to ask whether tiktok comedians can make it on stage. There is so much scope for error. And theres so much stuff thats not in our control. On tiktok it is actually all in our control. And talking of control, well see how trying to track the twitter bots is no laughing matter. I said no laughing matter. Oh, never mind. You are back, were back, everybody is back, and this august so was the edinburgh festival, the world famous celebration of the arts that takes over the city the whole month. It is a melting pot of theatre, music, dance and opera, and on the side, as its name suggests, is the Edinburgh Fringe. Please, neverspeak to me again. Filled with experimental performance, innovative shows and, my favourite, comedy. One of the beautiful things about the fringe is that it takes over loads of venues i