The Caithness Business Index has posted the following article:

Barclays To Acquire Tesco's Retail Banking Business

[IMG][/IMG] Tesco Bank has regularly been featured in our Best Buy tables of Savings Champion, offering competitive easy access accounts and fixed rate bonds and ISAs from time to time. But it was announced last week that Barclays has entered into an agreement to acquire the retail banking business of Tesco, in a deal said to be worth £600m, which will include an exclusive long-term partnership to offer Tesco branded deposit accounts as well as credit cards and personal loans. [Read Full Article]