Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s …
Read More »Royal Mint unveil new £5 coin featuring Prince William’s portrait
The Royal Mint has unveiled a new £5 coin featuring Prince William’s portrait to mark the Duke of Cambridge’s 40th birthday next month. The celebratory gold coin was created by designer and engraver Thomas T Docherty and will feature a 3D version of the Duke’s portrait set amid his royal cypher – …
Read More »Ban text scammers from buying Sim cards without ID, says policing chief
High street stores must be barred from allowing text scammers to buy phones and Sim cards without proof of ID, says the new police watchdog. In an interview with The Telegraph, Andy Cooke, the new HM Chief Inspector of Constabulary, said the failure to crack down on “burner” phones and …
Read More »The Queen arrives at Chelsea Flower Show on a £62,000 motorised buggy ahead of opening day
The Queen arrived at the Chelsea Flower Show in a luxury buggy for a royal preview ahead of tomorrow’s official opening, Buckingham Palace has confirmed after a last-minute decision was made for her to attend. The head of state has gone to the world-famous event in London run by the Royal …
Read More »SpaceX Inc reportedly pursuing fundraising to lift value to $127 billion
SpaceX Inc is pursuing a fundraising exercise that would value the company at around $127 billion, CNBC reported. Citing a company email, CNBC said the space venture is looking to add $1.725 billion in new capital, at $70 per share. The move comes after SpaceX split its stock price 10-for-1 …
Read More »The Royal Mail has issued a warning as stamp and parcel prices are expected to rise once more.
Royal Mail has warned that stamp and parcel prices may rise again. First-class stamps increased by 10p to 95p last month, while second-class stamps increased by 2p to 68p. However, with Royal Mail warning of “significant headwinds,” it appears that Brits will be spending more money on letters and parcels. …
Read More »Is the great pandemic parcel boom finally over? | Zoe Williams
As regular life resumes in fits and starts, Royal Mail is feeling the squeeze. This is partly because everybody’s squeezed, but partly because deliveries are down , and from this it would seem that the new normal is steadily returning to the old normal. If you have observed the younger …
Read More »Interest payments on government borrowing to hit £100 billion City warns
That will take total government borrowing to £2.3 trillion. The interest payments on the stock of government debt will be about £7.5 billion, which takes the total for the year to April to £71.5 billion. It is rising due to increases in RPI inflation, to which index-linked gilts are pegged. …
Read More »‘I took a ride on the secret abandoned London Underground train the Royal Mail used to deliver mail and it was spooky’ – Tilly Alexander
Taking an underground train is hardly a new experience for Londoners. Most of us hop on the Tube every day to get between home and work, work and play, or back to bed, and these journeys are often cramped, normally sweat-inducing and nearly always made alongside at least one person …
Read More »Prince Andrew will appear alongside the Queen for Garter Day at Windsor Castle
Prince Andrew is expected to appear alongside the Queen for Garter Day at Windsor Castle on June 13 despite the fallout of his sex abuse scandal and ties to paedophile Jeffrey Epstein. The Duke of York will take part in the ceremony alongside other senior royals on what is one …
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