The BusinessLive team's blog bringing you the morning's most important business and financial news.
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I'm Jonathon Manning and I'll be here with you every morning to give you a round-up of the most important events taking place in the commercial world. The deal will see 23, residential mortgage customers transfer to Halifax, which is owned by Lloyds. The move comes as Tesco said it was leaving the mortgage market due to the challenging conditions. And in other news Tata Steel has announced it is putting around jobs at risk after deciding to close down one of its UK sites. The company has been attempting to sell of a number of its "non-core" businesses but has been unable to find a buyer for Orb Electrical Steels in Wales.
After failing to find a buyer Tata has decided to close Orb, meaning that people could soon be left without work. If you'd like to contribute to the blog, you can contact Jonathon Manning via Twitter at JonnyAManning or drop me a line at jonathon. You can also keep in touch with the BusinessLive team on Twitter at businesslive.
Find out if a Lloyds retirement mortgage is a good deal for you?
HS2 to be hit by delays of up to three years. Poundstretcher moving head office operations from Huddersfield to Leicestershire.
David Davis hits out at new caravan buying fees after Swift visit. A global engineering and technology consultancy has officially opened a new office in Derby in order to be closer to key clients in the aerospace and rail sectors. Alten was created 30 years ago and today has a presence in more than 25 countries, employing around 34, staff.
Find out more here. An amateur chess player from Swindon has sold a tech start-up business to chess grandmaster Magnus Carlsen. The psychology student launched the tech business in with the backing of top US chess trainer John Bartholomew. I believe this is a tool that can help players at different levels improve their chess games in an effective way. To be taken over by the world champion, and arguably the greatest player ever to play the game, is a dream come true for us.
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It is designed to super-charge your learning in the most efficient way possible, and now the very top players in the world are beginning to take us very seriously indeed. Steel giant Tata is set to close its Orb Electrical Steels plant in Newport with the loss of nearly jobs. Tata put the specialist plant, a manufacturer and processor of electrical steels and part of its Cogent Electricals Steels arm, up for sale last year. Continuing to fund substantial losses at Orb Electrical Steels is not sustainable at a time when the European steel industry is facing considerable challenges.
I recognise how difficult this news will be for all those affected and we will work very hard to support them.
Find out more about the cuts here. We continue to focus on improving our brand offerings and delivering the best possible experience to our customers whilst optimising our leisure business to enhance the overall group performance.
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How we can help Contact us. Here's why they should be wary How the Bank of Mum and Dad can earn savings interest: Lloyds' new mortgage allows first-time buyers to buy with no deposit - does it stack up? Check the best rates for you and get fee-free advice. Who is eligible to save? Parents, step parents, adoptive parents Applicant's children, step children, half children, adopted children Brothers, sisters, half brothers and sisters, step brothers and sisters Grandparents, step grandparents Aunts and uncles. Should you be the Bank of Mum and Dad?
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Lloyds Bank develops Mortgage Finder to track down new remortgage deals
More top stories. The key to becoming a successful entrepreneur? Steve Webb replies. Mortgage prisoners may finally be able to switch to a better deal after the City watchdog relaxes its rules FCA removes barriers.
Households head back to the Big Six energy firms and away from small suppliers after 'losing trust' thanks to numerous collapses Lidl and Morrisons to install rapid chargers at stores by No need to worry about your electric car running out of juice! Users can then select what to do next, if they want to immediately apply for an agreement in principle AIP or opt for a mortgage adviser to discuss their options. The users can ask questions or arrange a face to face appointment over video or in a branch.
Currently offered only for those looking to remortgage, the Mortgage Finder is expected to be available for new mortgage applications in the coming months, added Fleming. Remember me. Don't have an account?
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