Advertisement
Simon Thompson's appointment as chief executive of Royal Mail Group's UK arm only - and not the whole business - will fuel speculation that the historic company could be split.
Like Reply
Comments
No comments yet...
Currencies in GBP
EUR
0,90
+0,335%
USD
0,77
+0,784%
CHF
0,78
+0,385%
By always placing short-term shareholder value above broader stakeholder and national interest, wheeler-dealer Rudd has left UK plc a poorer place.
Like Reply
International travellers will have to take a Covid test up to 72 hours before departing.
Like Reply
Global Infrastructure Partners is offering 405p per share in cash for the private jets provider, eclipsing the 380p per share or £3.2billion offered by a consortium of Gates and Blackstone last week.
Like Reply
Even though many of its bricks-and-mortar stores around the world were closed, the chain said revenues were up 5 per cent in the 22 weeks to January 2 as customers flocked to its online shop.
Like Reply
Alvarez-Pallete, the chief executive of the Spanish giant, which owns O2 in the UK, welcomed the Brexit deal signed over Christmas, saying it 'marks an exciting new chapter in Britain's history'.
Like Reply
The High Street giant is taking on the Jaeger brand and stock which it will sell in M&S stores and online. But none of the remaining 67 Jaeger stores will be saved - putting hundreds of jobs at risk.
Like Reply
The firm will reveal plans to expand to another 100 towns and cities this year, meaning it will cover another 4m potential customers.
Like Reply
Heathrow lost three quarters of its passengers in 2020, with only 22m travelling through the UK's busiest airport, as the pandemic left planes grounded.
Like Reply
‘The road ahead will be tough,’ says chancellor in update to House of Commons
Like Reply
The US car giant is closing its last three Brazilian factories, with a loss of 5,000 jobs.
Like Reply
Undeclared price paid in deal that leaves fate of Jaeger’s employees also uncertain Marks & Spencer has
Like Reply
Tougher Covid rules will have impact before vaccine improves outlook, says chancellor
Like Reply
Some 42 per cent of eligible homeowners are failing to claim any benefit at all, losing out on £830 a year on average, according to a report by Just Group,
Like Reply
The social network has hit back asking a federal judge to order it to be reinstated.
Like Reply
M&S is buying the brand out of administration, but not Jaeger's scores of shops and concessions.
Like Reply
Experts fear that unless urgent action is taken by banks, payment providers, regulators and the Government, the country's network of free-to-use high street banking facilities will disintegrate.
Like Reply
People who refuse to wear face coverings that are not medically exempt will not be allowed to shop inside.
Like Reply
Supermarket breaks rank with rivals amid government concerns over lockdown compliance
Like Reply
Rolling coverage of the latest economic and financial news
Like Reply
Silvana Tenreyo says negative rates worked elsewhere and would help UK recovery from Covid slump Cutting the UK’s official interest rate below zero would be good for growth and could be done without crippling commercial banks, a Bank of England policymaker has said. Silvana Tenreyro, one of the nine members of Threadneedle Street’s monetary policy committee, said negative rates had worked in other countries and would assist the UK’s recovery from its Covid-19 slump.
Like Reply
Shelved (but not forgotten) is its interest in copper. Instead, the group is concentrating on gold and silver exploration and production in the aptly named Mineral County, Nevada.
Like Reply
Prices of digital currencies have soared in recent weeks as speculators chase high returns, but regulator says consumers face significant risks
Like Reply
Bootmaker’s private equity owners plan to sell down stake and offer shares to the public
Like Reply
The fund's performance numbers are strong. Since launch, it has delivered an overall return of 55 per cent - comfortably ahead of the average for global investment funds (a return of 37 per cent).
Like Reply
The building group is a well-run business with plenty of potential here and overseas. At £9.57, the shares are a good, long-term buy.
Like Reply
Just 21.1m travellers passed through London airport – smallest number since 1975 Passengers at Britain’s biggest airport slumped by 73% in 2020 to the smallest annual number since 1975 due to the travel restrictions caused by the Covid-19 pandemic. Just 22.1 million travellers passed through Heathrow last year, 59 million fewer than in 2019. December figures were higher than November, rising to 1.1 million as Britain came briefly out of lockdown, but finished 83% below the previous December as the new variant of Covid-19 led to more border closures and halted many flights.
Like Reply
Cautious shareholders may choose to bank some profits now and sell at £1.49. Longer-term investors should hold on. Braemar is well regarded in the global shipping market.
Like Reply
British digger maker JCB says the machine halves the cost of current pothole fixing machinery used by councils and highways agencies across the country,
Like Reply
Footwear brand expected to float at least 25% of business as sales surge during pandemic The British footwear brand Dr Martens is planning its stock market debut in London, more than 60 years after its first pair of UK-made boots were stitched together in Northamptonshire. Best known for its 1460 boot featuring its trademark yellow stitching and chunky soles, the company expected to float at least 25% of the business. If the listing is approved, it will be one of first major initial public offerings (IPO) on the UK market this year.
Like Reply
An estimated £800m could be raised by expanding the current scheme, which has raised £745m from inactive bank and building society accounts since 2011.
Like Reply
The Financial Conduct Authority issues a striking warning to investors in unregulated cryptoassets.
Like Reply
Simon Thompson, who ran the NHS Test and Trace app, takes over after a tough year for the post service.
Like Reply
One runway and two terminals at Heathrow have been closed to save cash
Like Reply
Magna Carta-style project aims to raise £7bn to ‘bring prosperity into harmony with nature’ Prince Charles is urging businesses to invest in the health of the planet and people at the launch of a sustainable finance charter backed by several international institutions. Evoking the history of the Magna Carta, the Prince of Wales is launching the
Like Reply
The firm said the five-year loan had been underwritten by a group of banks and part-guaranteed by UK Export Finance, a government agency.
Like Reply
Simon Thompson, who also worked for online grocer Ocado, takes over after a tumultuous year.
Like Reply
Up to 400,000 seafarers have been trapped on board cargo ships during the Covid pandemic, some for more than 18 months Chosen from among 3,000 images submitted to a photography competition run by
Like Reply
Global Equity funds were the biggest winner, with net retail sales of £1.7billion, but UK All Companies funds continued to struggle ahead of the Brexit deal.
Like Reply
Sainsbury's Bank now offers the best 0% deal on the market, offering 29 months interest-free, after reopening its doors to non-Nectar customers last October.
Like Reply
The current owner of the footwear brand is considering making shares in the firm available to investors.
Like Reply
My partner and I want to increase the space in our home, but we are torn between converting our loft and extending into the garden. How much will each one cost and where do we begin?
Like Reply
Ex-Ocado executive, who worked on NHS Test and Trace, tasked with £1.8bn overhaul Royal Mail has appointed a former Ocado executive as its new boss, putting him in charge of a sweeping overhaul of the postal business. Simon Thompson, who was already a non-executive on the Royal Mail board and worked on the NHS test-and-trace programme, is stepping into the role immediately.
Like Reply
We moved home last summer into a house that needs totally refurbishing and extending. Can we still do this in the new lockdown, as architects and builders would need to visit our home?
Like Reply
The platform had been reliant on Amazon's cloud computing service, which has pulled its support.
Like Reply
Demographics will have a huge effect on the UK in the coming years. The baby boomer stranglehold is being broken. Slowly, perhaps, but the coronavirus pandemic will speed up the process.
Like Reply
The Square Mile has been affected more than most districts by the Covid pandemic. We talk to firms large and small about the future The City of London has survived fire and plague in its centuries-long history. But the coronavirus pandemic has emptied its streets of office workers, shoppers and tourists, leading some to question whether the Square Mile will ever return to the way it was before Covid. The first working week of the new year has done little to break the silence in the capital’s financial district. Even if the vaccines programme allows restrictions to be lifted in the spring, few expect office staff to spend the entire working week at their desks in future.
Like Reply
Simon Thompson, who has also worked for NHS Test and Trace, will begin his role immediately.
Like Reply
My dad passed away in November. He was entitled to the fuel payment, and his confirmation letter was received, but I have now closed all bank accounts to get the finances sorted.
Like Reply
Record number of small firms faced going under even before third lockdown, Federation of Small Businesses says
Like Reply
I have been told I will have a month to get out once rented flat is sold
Like Reply
Mail and parcel services rose 17% as fast-track Drop & Go service surges A
Like Reply
The network, which has more than 11,500 branches, reported sales of £66.3m between November 30 and December 27 - up from £56.7m a year earlier.
Like Reply
More than 250,000 small businesses expect to fail in 2021 as state support ‘dwindles’ Small businesses and manufacturers are bracing themselves for a fight for survival this year, according to fresh survey data, as they negotiate the twin threats of
Like Reply