British bicycle company Pashley is known for its classic bike designs, including the Guv‘Nor (a 1930s-style race bike), and the step-through Britannia (complete with a wicker basket). Yet the historic brand has modernised its approach in recent years. Pashley has been growing its line-up of electric bikes and, in January, released …
Read More »Natwest to close 49 branches starting from today – see the full list
High street bank is set to close a string of branches in the coming weeks, including five in Wales, with the first two locations shutting their doors today 16:16, 01 Sep 2025Updated 08:35, 02 Sep 2025 Natwest is closing branches around the country over the next two months including in …
Read More »Royal Mail returns to profit for first time in three years
[Getty Images] Royal Mail has returned a profit for the first time in three years as the company attempts to turn around its fortunes. In its first set of results since being taken over by Czech billionaire Daniel Kretinsky’s EP Group in April, the company reported profits of £12m, excluding …
Read More »Royal Mail posts first profit in three years as it cuts second-class deliveries
Royal Mail was bought by Czech billionaire Daniel Kretinsky in a £3.6bn deal in April – Peter Cziborra/Reuters Royal Mail has posted its first profit in three years as it cuts back on second-class letter deliveries. The postal service reported operating profits of £12m in the year to the end …
Read More »Royal Mail returns to profit for first time since £3.6bn ‘Czech Sphinx’ takeover
Royal Mail returns an underlying profit for first time in three years By MIKE SHEEN, BUSINESS EDITOR Updated: 08:02 EDT, 1 September 2025 Royal Mail has returned an underlying profit for the first time in three years as bosses hailed an ‘important milestone in the company’s turnaround’. It follows …
Read More »We want a level playing field on tax after National Insurance hike, says Royal Mail
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 17:07 EDT, 1 September 2025 Royal Mail’s parent company has demanded a ‘level playing field’ on tax with parcel delivery rivals after taking a major hit from Labour’s National Insurance hike. Michael Snape, finance director at International Distribution Services (IDS), lashed out …
Read More »Royal Mail back in profit for first time in 3 years despite tough competition and big changes – The Sun
ROYAL Mail is back in profit for the first time in three years, despite tough competition and big changes. The postal service delivered £12million in earnings for the year to March 31, excluding redundancy costs — a huge turnaround from last year’s £336million loss. But, with job-cut costs included, Royal …
Read More »Royal Mail shares update on major weekend schedule change
Royal Mail has announced a number of changes this year Royal Mail worker and post box(Image: PA) Royal Mail has provided an update on a major schedule change announced this year. The mailing service announced in July it will be scrapping its Saturday deliveries for second-class post and switch to …
Read More »Royal Mail move to scrap second class post on Saturdays to take ‘many months’
The owner of Royal Mail has said it will take “many months” to roll out changes that will see it ditch second class letter deliveries on Saturdays across the UK. International Distribution Services (IDS) – which saw its £3.6 billion takeover by Czech billionaire Daniel Kretinsky’s EP Group complete in …
Read More »UK manufacturing downturn continues as new orders slide; Trump’s attack on Fed is ‘a serious danger’ – as it happened | Business
UK manufacturing downturn continues as new orders and new export business fall Ouch! The UK manufacturing sector shrank again last month, as factories were hit by weaker demand at home and abroad. The latest monthly poll of purchasing managers across Britain’s manufacturing sector found that new orders and new export …
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