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
First-ever JD Wetherspoon pub to open at Manchester Airport
Danny Jones
In news that we feel many Mancs and travellers all-round have been waiting on for a long time, the well-known British chain, JD Wetherspoon, will be opening its first-ever pub at Manchester Airport.
That’s right: soon that first airport pint of the holiday could actually be a relatively cheap one.
While Wetherspoons are no strangers to popping up in terminals across the UK and Ireland, they’ve never done so here in Manchester despite having three, yes THREE, in Gatwick alone.
Not for much longer, though, as soon T2 will be lending more than 3,000 square feet of its prime leisure and retail real estate to a new Greater Manchester ‘Spoons’.
Posting on social media, the airport wrote: “Wetherspoon comes to Manchester Airport this September! The pub will be located in the Terminal 2 Departures lounge and will have more than 300 seats.
“This will become the final major food and drink venue to open its doors as part of our decade-long £1.3bn transformation of Terminal 2. It will be named ‘The Belle Vue’, in a nod to Manchester’s historic showground [now a sports complex and leisure hub].
“It was a focal point for social life in the city from the Victorian period up until 2020, when the final event was held at Belle Vue stadium. The design of the pub is inspired by the history of Belle Vue and the sporting culture of the North West of England. We look forward to welcoming you all in September!”
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While a lot of money has been pumped into T2’s refurb as a whole over the past few years, it remains unclear just how much this particular new addition will cost; we do know that great sums were set aside for the launch of the Great Northern Market last year.
The inaugural Manchester Airport Spoons is just the latest in a series of major renovations.
As mentioned, the company already operate several up and down the country – 10 airport pubs, to be specific – but this will be the first in the North West.
Speaking on the news, JD Wetherspoon chief executive John Hutson said in a statement: “We are looking forward to opening at Manchester Airport. We believe our new pub will prove popular with travellers of all ages and be an asset to the new terminal.”
With Manchester Airport adding a dozen new routes to its roster this summer, you can expect to see even more people flying in and out than ever – no doubt having already polished off a cut-price pint or two beforehand.
Featured Images — The Manc Group/CGIs (publicity pictures via Manchester Airport)
Business
Stage and Radio issue defiant statement in response to concerning development plans
Danny Jones
Manchester centre bar, music venue, and nightlife institution, Stage and Radio, has shared an impassioned and defiant statement in the face of proposed plans to be built next to the venue.
And when we say next to, we mean next door – and by that we mean practically on their doorstep, not to mention that of other local businesses.
Situated within one of the city’s most important creative and cultural hubs, in the form of the Northern Quarter, the gig space, club and popular meeting place finds itself under serious threat.
Speaking in the accompanying caption, they said: “Comment below and we’ll DM you a link to take action (It’s also in our bio!).”
They go on to say, “We’re urgently asking for the public to support Stage & Radio by voicing concerns by 10th June 2026 about a future development going up within a few meters of the venue.”
Unsurprisingly, the post has been met with an outpouring of not only shared rage, frustration and confusion, but more importantly, they’ve received a huge amount of support in the comments, too.
Fellow Manc favourite nighttime venue, Hidden, added, “Sit tight @stageandradiomcr you’re not going anywhere; meanwhile, several people across multiple sites have simply written, ‘Stage and Radio 4 Life.”
New developments and residential ventures continue to pop up all over the city and surrounding regions, as they always will, and Manchester City Council has stressed that this latest development – an eight-storey residential block by This City – will not be under threat.
Leader of the Council Bev Craig said: “Music and arts venues like Stage and Radio are the soul of our Northern Quarter. Music is woven into the very fabric of Manchester, it’s part of what makes our city so great. It is not under threat on my watch.
“Across the country we are seeing too many venues close down, in Manchester we want to protect and nurture them. That’s why we have worked in partnership with the Music Venues Trust in recent months to provide almost £250,000 in grant funding to support small venues and operators in an increasingly difficult economic climate.
“This is a vital lifeline for many smaller grassroots businesses, and we know that without them there won’t be the next big star.
“Cities are always changing, especially when new affordable homes are being built, but let me be unequivocal – Stage and Radio is not under threat. They were here first, and our Agent of Change principle defends that.
“Any new development nearby will have the top level of sound proofing and the onus is on the council as the builder not the music venue. We are also working with the venue to consider what investment our This City housing company can make to the venue building to limit sound escaping.
“I’ve offered to meet with the venue operators personally to give my commitment that venues like theirs help create the artists of the future and make our music scene what it is today.”
As for Stage and Radio, we’ve had the pleasure of spending a fair few late nights there (not to mention well into the early hours of the next morning) over the years.
Releasing a direct statement to The Manc and Audio North, they told us: “We are deeply concerned about whether residential flats positioned directly beside an established grassroots music venue can realistically provide appropriate residential amenity and conditions suitable for long-term human habitation, while also protecting an existing venue from future conflict.”
S&R also noted these circumstances are not entirely unlike those that have jeopardised the future of fellow NQ neighbours and live music venue, Night and Day Cafe, in recent times.
The countdown is now ticking away for Stage and Radio – quite literally, as you can see by the banner now showing on the homepage of their website.
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If you want to help save not just this venue but the culture, community and artistic scene it stands for, you can sign the protest petition and get involved in the fight right HERE.