Sainsbury’s sells off cash machines in bid to reduce costs amid NatWest deal
Sainsbury's has sold off its cash machine operations in a major cost-cutting move as it simplifies its banking operations further.Back in January, the retail giant said it would be undertaking a "phased withdrawal" from said operations, starting with the June sale of much of its banking business to NatWest.That June deal saw NatWest's assets soar by some £2.5billion, and accounts by about 1 million - in a move mirroring Tesco's sale of its own online banking arm to Barclays.At the […]