Key moments from Paula Vennells’ three days of questioning at Post Office inquiry Former Post Office chief executive Paula Vennells has broken her almost decade-long silence on the Horizon IT scandal. She was quizzed over the course of three days on how things unfolded during her time at the head of the organisation by both...
37 minutes ago Lee Bottomley,BBC News, West Midlands PA Media Coventry Building Society has bought Co-op Bank in a deal worth £780m Coventry Building Society has finalised its £780m deal to buy the Co-operative Bank, but will not be giving its members a vote. The purchase is subject to approval from financial regulators, but is...
Former Post Office boss Paula Vennells has been accused of living in “la-la land” by a lawyer representing sub-postmasters. Speaking at the inquiry into the Horizon scandal, Edward Henry grilled Ms Vennells on how much she knew about remote access to sub-postmasters’ computers. He also pressed Ms Vennells on how fallout from the scandal could...
Retail sales fell by much more than expected in April as heavy rain kept shoppers at home. Sales volumes fell by 2.3% from the month before. Analysts had expected a drop of about 0.5%. Clothing retailers, sports equipment, games and toys stores, and furniture stores all did particularly badly as poor weather reduced footfall, the...
Hundreds of sub-postmasters found guilty as part of the Post Office Horizon scandal are to have their names cleared, after the law quashing their convictions was approved by Parliament. It was one of the final bills to pass before MPs break up ahead of the general election in July. The law applies to England, Wales...
Tech giant Google will soon begin making its Pixel smartphones in India, sources aware of the development have told the BBC. Google is set to manufacture the phones at an existing Foxconn facility in the southern state of Tamil Nadu. The firm is also set to independently manufacture drones in the state. India has emerged...
16 minutes ago Kevin Peachey,Cost of living correspondent Getty Images Annual household energy bills could fall by a further 7% in July, forecasts suggest, with the new price cap being announced later. Regulator Ofgem will outline the latest quarterly level for England, Wales and Scotland at 07:00 BST and is widely expected to lower the...
British tech magnate Mike Lynch has appeared in court in the US to rebut claims that he committed fraud to inflate the value of his company ahead of its sale to Hewlett-Packard in 2011. He told the jury that he was uninvolved with the transactions that had been described in the trial, reportedly describing watching...
Kellogg’s is recalling boxes of its chocolate cornflakes following complaints of hard lumps in the cereal which could create a choking hazard. The breakfast brand voluntarily asked consumers who had bought packs to dispose of them “as a precaution” after the issue was discovered. Kellanova, the company which manufactures the cereal, said the hard lumps...
The Post Office dropped a wide-ranging review into the convictions of sub-postmasters over fears it would make “front page news”. Paula Vennells, the former Post Office boss, had suggested in 2013 that convictions going back 10 years could be scrutinised. But in an email revealed at the inquiry into the Horizon IT scandal on Thursday,...