'The AAIB will collect every single retrievable piece of the aircraft and transport it to a secure location -- usually a large hangar capable of housing a Boeing 787.' 'The entire aircraft will be laid out, each part marked and tagged, and practically rebuilt like a jigsaw puzzle.'
The offer values HBOS at 12.2 billion pound, which is based on Lloyds TSB's closing price on September 17, 279.75 pence, Lloyds said. Under the terms of acquisition, HBOS shareholders would receive 0.83 Lloyds TSB shares for every one HBOS share.
Bank union Unite official John Bancroft said, he was disappointed with the news. He said: "Unite has an off shoring agreement with Lloyds TSB which states the union will be consulted before any off shoring decisions are made and that there will be no compulsory redundancies. "We will be working to ensure that staff in the bank are offered suitable alternative employment and that their terms and conditions are protected."
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.
Leading global provider of banking, insurance and financial technology solutions, Polaris Software Lab Ltd on Monday said UK-based Llyods TSB has selected its 'Intellect Suite' as the banking solution for the international cash management offering.
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 India.
The bank's report found that small and medium-sized companies were particularly unprepared, with eight out of 10 yet to take any action to evaluate opportunities, compared with 58 per cent of larger businesses. Even though there are more than four years to go to the 2012 opening ceremony, the bank's experts warned companies should already be taking steps to secure a slice of the economic windfall.
ICICI OneSource, India's leading business process outsourcing provider has won multiple awards from the National Outsourcing Association, UK at the association's annual ceremony in London on Thursday.
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 the end of next year.\n\n\n\n
It is easy to make, crunchy to eat and requires no cooking.
Apple Pay will be available in 250,000 locations across the UK.
Here are 10 photographs that prove that it's a mad, mad, mad, mad world out there!