The move comes as the Bank of England closely monitors the ailing lender.
The watchdog said its plans will cost the industry £185m and benefit around 2.6 million customers.
Businesses must make an allowance for Brexit impacting the UK's ability to attract top talent.
Other prominent retailers with disheartening reports include Brantano and Next.
State-owned lender says the move will lead to a net job loss of approximately 360 roles.
PwC dramatically concedes its second court case in the middle of a trial in seven months.
The transport business plans an initial public offering on London's Aim market next month.
Pound's sharp depreciation post-Brexit vote and a sluggish market blamed for shoe retailer's demise.
Profit before tax rises to £46.3m for the six months ended 31 December.
The bellwether retailer said inflation and weak wage growth make it 'extremely cautious' about 2017.
Goldman Sachs and Morgan Stanley plan to move hundreds of jobs away from London before any Brexit deal.
BMW boss Harald Krueger points out that the carmaker also makes Minis in the Netherlands.
Environmental disaster killed hundreds of river birds and fish.
Nitrogen oxide emissions 10 times the permissible limit were detected in vehicles.
Sol, Tiger and Amstel disappear from supermarket after Heineken warns of 6p increase per pint.
The Dutch financial giant said the probe centres around money laundering and other "corrupt practices".
Group boss Véronique Laury beat City forecasts and added her five-year plan to boost trading was on track.
The plant will also be support by a £80m government scheme to encourage electric car use.
Property services firm reports 1% increase in profits for 2016.
Both Brits and Chinese ought to know the world is ripe for breakthrough products.
The former Australian hooker says he advise on how to get "diverse groups to work successfully together".
Wall Street giant says it cannot afford to wait for EU and Britain to agree a Brexit deal.
Richest Africans hail from Algeria, Angola, Egypt, Morocco, Nigeria, South Africa, Swaziland and Tanzania.
The UKBA, aimed at preventing corruption, is well worth the price for a more ethical corporate world.
Labour MP Frank Field urges tycoon to hand rebate to pensioners as some will receive only 88% of their entitlements.
The group cut new deals with Asda, British Airways and Target among others over the past year.
House builder announces 9% increase in first-half profits to £247.6m.
Betting company said it sees significant growth opportunities for the business.
Over 250 firms have now withdrawn advertising including HSBC, McDonald's and Volkswagen.
Standard & Poor's report claims Irish economy's recovery has led to a major improvement in the country's banks.