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In Look East tonight: More than 300 jobs at risk -
and many local branches going - as the Norwich and Peterborough
And no money, no medals, Badminton bosses fight to keep funding
And bitterly cold temperatures expected tomorrow, all the details
later. More than three hundred
jobs across this region are at risk tonight,
as the owners of the Norwich and Peterborough Building Society
announced it will be scaling back its branches and losing posts
at its headquarters. In all, 28 branches will close
across East Anglia and up to 340 jobs could be lost,
and the brand will disappear This from our business
correspondent Richard Bond. It has been a trusted name
on the high street for decades, But soon the Norwich
and Peterborough name will completely disappear,
it all the Yorkshire building society to close 28 N and P branches
including this one of the outskirts
of Peterborough. It does have an effect on people
in the area which is particularly felt with the older
community year but also for the young people, so my younger brother
uses it because it is near to where It is a bit of an upset
because people have to travel further, for those who love appeared
especially because it is the neither Be changes put at risk 340 jobs,
in branches and at the After the closures,
only 17 branches will It was formed in 1986
to the merger of the Norwich and Peterborough
building society is, for 20 years the organisation thrived but had
suffered a major setback about ten years ago when it started selling
the investment products of a company Customers were compensated
by the scandal cost them ?57 million, and led
to the Yorkshire takeover. The Yorkshire CV banking market
is changing, more customers are conducting business online
and use of high-street branches like this
is Further investment in
that network can't be But the argument will disappoint
thousands of members who inspect -- expect a building
society to provide a good branch network
in places where the big
banks aren't represented. These are some of the place is set
to close, the changes due to take effect from
September this year. Members are being encouraged
to embrace online banking but some elderly customers may find
that difficult to do. So what will the changes
mean for customers? The Chief Executive
of the Yorkshire Building Society, Mike Regnier, joined me from out
Leeds newsroom to explain. The thing that makes
building society is different from banks
is the overall objectives are
completely different, the building society objectives are to act
in the interests of our members, we don't have shareholders,
we look at the And provide the best
service and best value. Lots of your members value
having a local branch You are not providing
value for them. What is important to say is that
for most of those people the nearest branch will
still be two or three or four miles away from
one closing because in the main we are proposing two )
is where we have another branch in the close
We will still have 260 branches and agencies on the high
And from our perspective that is still going
to be a significant investment in face-to-face service.
This will involve a certain amount of job
In East Anglia we are consulting with
our colleagues at the moment and these changes will take effect on to
the next 18 months so our priority really is to see how many of those
colleagues that we have spoken to today we can find them out of
employment for because we do have a number of months for us
to find them alternative rules were that is
possible and where their skills match and very find something they
A lot of people might be sad and losing the
name, Yorkshire does not mean a lot to them.
Any understand that and how can you reassure them?
While the name might change them while the
pink and purple blobs might change to green,
the service customers get day-to-day will be just as good if
And for those branches it will remain, it will be
the same people there that customers can turn to to help them with their
Four officers from Bedfordshire Police have been dismissed
At a disciplinary hearing, Police Constables Robin Denton,
Matthew Neild, Todd Mills and Deanna Waite were found to have
breached professional standards in discussing a sensitive case.
The Chief Constable said he had apologised to the victim concerned.
The force hasn't released any further information because of other
Badminton England, based in Milton Keynes,
says success at the next Olympics is in jeopardy - unless funding
Public money for badminton was cut after the Rio Games,
despite two MK players winning bronze in the men's doubles.
Our sports editor Jonathan Park has this report.
They want to turn bronze into gold, in Tokyo.
But right now and medallists Marcus Ellis and Chris
They like the other players training at the National Badminton Centre
face an uncertain future after the sport's funding
Hearing the news was obviously a real kick in the teeth for us and
everyone, I don't think anyone could believe what had happened.
It was not just the case of funding reduced
18th of August 2016 the day Marcus and Chris won
Brent's first-ever men's doubles awarded medal but before the year
was out the UK sport decision not to --
made the decision not to spend a
This was leading up to the Tokyo games in 2020.
Badminton has launched an appeal but still must
prepare for the worst if the appeal fails.
UK sport's Badminton snub means that Marcus and
Chris may have to fight between 60 and ?70,000 each in the run-up to
A court is ?10 per hour and retrain sex hours a day and we need six
courts so that is a lot of money in itself.
These are not luxuries, these are the basics we need and
then turn its wise if we are not travelling a pointer internment our
opponents in competitions are and they go up in the ranks on the go
Badminton players and coaches and management are confident in the
sport's ability to win Olympic and paralytic medals in Tokyo and
The head to London in two weeks' time for the appeal to be
heard by UK sport in what will prove to be
a pivotal moment for the
Well a short time ago the head of Badminton England told me
the loss of funding could be catastrophic for the sport.
If we are unsuccessful effectively it will turn the sport upside down.
We have players that we absolutely believe can meddle in Tokyo and if
UK sport that they want your appeal we have got to look at certainly a
much smaller programme. Other people training now who have the funding in
the will have to change the regime or would be able to train any more?
What will the impact beyond people affected? In realistic terms were
looking at a programme that at best is half the size of what it is now,
the players know which players are potentially going to be carrying
food and those players that unfortunately we have the release
from the programme. The implications around that are also to the coaches
and staff involved in the programme, as a consequence of this decision we
have had to serve formal notice of redundancy. None of the staff, none
of the quotas are players deserve what is happening to them right now
is which is why we are so determined to ride what we believe to be a
wrong. How will it affect the grassroots level? What the
grassroots level does is give us a fantastic shop window and without
that how do we actually attract our sport to young people who have the
aspiration to go on and become future medallists? We believe our
clubs will suffer, but not so many people will be attracted to the
sport, so from a grassroots kids playing in school right through to
the podium, this decision has a significant impact for our sport.
The Prime Minister says Milton Keynes has a great future.
At Prime Minister's Questions today, the MK South MP Iain Stewart
asked Teresa May to join in the celebrations
We are providing additional funding for the east-west rail project, I
know he supported that through sharing the APPG. We will see a
country that works for everyone. Milton Keynes has had not just a
great 50 years but I am sure will have a great future as well.
Pasolini is, here's the weather. A lot of cloud around, quite misty
conditions but still cold the coming in from the new continent so that is
going to mean temperatures down below freezing quite widely, the
risk of frost and icy patches on untreated surfaces. We have this
cold continental air making its way across as overnight tonight and into
tomorrow and at strengthening south-easterly wind will be a
feature of the weather through to tomorrow making it feel bitterly
cold. It will already be a cold start the day with the widespread
frost and although there will be a lot of cloud around it looks like
there will be some brighter spells and perhaps even some sun chamber
temperatures for many of us are not expected to get above freezing all
day. Factor in the wind-chill and it will feel bitterly cold. The
National weather is coming up but he's out like and the weather will,
temperatures will recover by Friday, it will stay cloudy added into the
weekend and it is looking take a look at the Outlook towards