The Co-op Bank has announced today that it plans to cut 350 jobs and close 18 branches nationwide as a result of the coronavirus (COVID-19) pandemic.
The lender said the job cuts would focus on middle management positions and roles at the Manchester city centre head office.
The branch closures are expected to be completed by 1st December and come after an analysis of footfall in each store, which was actually said to have begun before lockdown was put in place. The bank has said it hopes to re-deploy some of its employees into other parts of the business and it begins consulting with staff and unions.
It has been confirmed that the Ashton-under-Lyne branch is the only branch in the Greater Manchester region that is set to close.
DCPFGY / The Co-op Bank
Andrew Bester – Chief Executive at Co-op Bank – said: “Our people have shown great dedication and commitment to our customers over the past few months, so we are very sorry to announce this news today. Unfortunately, we’re not immune to the impact of recent events, with the historically low base rate affecting the income of all banks and a period of prolonged economic uncertainty ahead, which means it’s important we reduce costs and have the right-sized operating model in place for the future.
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“At the same time, we are responding to the continuing shift of more and more customers choosing to bank online, with lower levels of transactions in branches, a trend which has been increasing for some time, across the banking sector and more broadly.”
The company added that is is “writing to affected customers to provide information about the alternative options available to them, including Post Office counter services, telephone, online and mobile banking”.
This is a breaking news story – More to follow.
Business
Band on the Wall buys adjoining The Rose and Monkey pub
Danny Jones
Beloved Manchester music venue Band on the Wall has announced that they have bought the equally popular Rose and Monkey pub and hotel next door.
The two Great Ancoats St favourites on the edge of the district and the Northern Quarter have both served as reliable, entertaining gig spaces for years now, not to mention a great spot for a drink, and their business models have always aligned so perfectly, with visitors heading from one into the other for years.
With that in mind, and in a concerted effort to support the local music and hospitality industry, Band on the Wall have decided to turn that long-standing relationship into an even closer collaboration.
Confirming the acquisition of The Rose and Monkey earlier this week, Band on the Wall and its next-door neighbour are now official partners.
Speaking in an official statement on their website, the latter wrote: “This exciting development marks another step in Band on the Wall’s mission to support grassroots music and enhance its role within Manchester’s vibrant cultural scene.
“The Rose & Monkey (formerly The Burton Arms) has a long and chequered history dating back to 1783, but in recent years has been transformed into a beloved destination for music lovers and locals alike.
“Known as one of the city’s oldest public houses, originally built as part of the original Smithfield Markets and over the road from what was the ‘New Cross’ area of the city, the venue boasts an intimate atmosphere and commitment to live music.
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“The pub is now a vital part of the Northern Quarter’s creative fabric with unique features, including a beer garden, small music stage, and even Airbnb accommodation upstairs; the venue perfectly complements Band on the Wall’s (BOTW) ethos of fostering community through music.”
As it turns out, the deal to take over The Rose and Monkey was actually agreed upon a while ago and fully finalised last 2024.
With backing from Figurative – a not-for-profit organisation that specialises in ‘impact investment’ throughout the cultural and creative sector – this most recent development follows the £3.5 million refurbishment of BOTW, which was finally completed back in March 2022.
Audio North was still ‘The Manc Audio’ back then, but Band on the Wall was busy being reborn first.
Gavin Sharp, CEO of Band on the Wall, said: “We are delighted to welcome The Rose & Monkey into the Band on the Wall family. This acquisition allows us to expand our footprint while preserving one of Manchester’s most cherished independent venues.
“Together, we aim to create even more opportunities for emerging artists and provide unforgettable experiences for music fans.”
As for the pub and lodging house itself, The Rose and Monkey Hotel, to use its full name, will still remain its own bar and live music entity but will now work closely with Band on the Wall to achieve better and more diverse programming.
In addition to a place to stay on the first floor, the pub now features a newly installed ‘Wurlitzer Jukebox’, too, which has been curated by none other than American alternative rock band Pixies, BBC 6 Music DJ Chris Hawkins and the in-house team.
Finally, Band on the Wall went on to add: “The Rose & Monkey is ideally positioned to become an even greater hub for Manchester’s thriving music scene.
“Visitors can look forward to an enhanced calendar of events as well as continued dedication to inclusivity and creativity, and a jukebox specially curated by several high-profile friends and supporters of the venue.”
Worsley-born wood-fired pizza brand set for sensational US expansion
Danny Jones
A Greater Manchester food brand that started in the little village of Worsley is about to go international in a big way as local Leopard Pie pizza is set to take America by storm.
In one of the most major and exciting culinary success stories to come out of Salford in some time, perhaps ever, much-loved pizza Leopard Pie have quietly struck a deal to carry out a significant expansion into the US.
Not only does this mean the likelihood of there being more of their restaurants up and down in the UK but with multiple venues scheduled to open across the Atlantic, the brand could be at the start of an unbelievable global journey.
Come on, how often do you hear a Manc foodie name in the same sentence as the States?
Leopard Pie and their delicious wood-fired pizza are set to make their debut in the US. (Credit: The Manc Eats)
Speaking exclusively to The Manc, Leopard Pie confirmed: “We’re proud to share that Leopard Pie is embarking on a major U.S. expansion with a multi-location deal over the next five years.
“This marks a defining moment in our journey as we introduce a bold new Leopard Pie identity to the American market—while staying true to the heart and spirit that has made our UK brand and locations so widely loved.
“This milestone represents the start of an extraordinary journey as we introduce the next evolution of Leopard Pie—one that amplifies everything that has made our brand beloved while bringing fresh energy and bold new design concepts to a global audience.”
Already working intensely behind the scenes on what they’re hailing as a “visionary new US restaurant concept” for their pizza empire that not only elevated the dining experience but will “set new standards in the fast-casual dining scene”.
They also detailed plans to set up a dedicated domestic base of operations across the pond which will include a world-class training and development hub “to ensure that every chef and operator joining our US family delivers excellence from day one.”
When it comes to Manchester food and drink brands that have blown up, you’d be hard-pressed to any that have gone from an idea that started as recently as 2015 and gained traction during lockdown to expanding within such a fast time frame, let alone on such a massive scale – not even Rudy’s.
The big news now put to one side, it won’t surprise you to learn that Leopard Pie has stated “This is just the beginning”, teasing that they plan to expand into several other key territories and keep building the brand as much as possible.
Owner Lee Chester told us that America always felt somewhat in the stars for the neighbourhood staple; “From the very beginning, Leopard Pie was built with global ambition— the word ‘Pie’ itself a subtle nod to our U.S. vision, a hint as to what was to come.
“I am incredibly proud to be leading the brand into this exciting new era, where my role will evolve to mentor and empower new entrepreneurs to achieve success under the Leopard Pie name.
“I believe wholeheartedly that Leopard Pie’s next chapter will be one of exponential success, built on passion, innovation, and leadership. For those who partner with us now, the potential is immense—and the journey promises to be unforgettable.”
The brand has remained 100% independently owned since day one, having turned down multiple investment offers to date, but is now embarking on what feels like an unprecedented chapter for a local restaurant as they open up to “select strategic partnerships and investments”.
While specifics regarding how quickly the move into America will get underway and just how many sites there will be are still being kept under wraps, more details will be released soon enough.
Lee summed up the next steps by adding: “I believe with absolute certainty that Leopard Pie is entering a decade of unparalleled growth and excitement. For those who choose to partner with us now, the rewards and the legacy we will create together will be remarkable.”
And last but not least, you don’t have to worry about a local joint that started in Worsley forgetting their roots – the Salford staple isn’t just one of the best pizza places in Manchester but their hometown story is what makes this so special.
For now, you’ll still find them serving up full wood-fired Neapolitan pies and slices over in Worsley and from their stall in Kargo MKT in Central Bay, so give it a try if you haven’t already.
Their Kargo MKT site in Salford Quays.It really is very good.Credit: The Manc Group