Markets calmer after recent sell-off, EasyJet escapes FTSE 100 relegation, Royal Mail in potential Ofcom breakthrough, ASOS sells Topshop stake, Primark reveals soggy sales, Jet2’s visibility clouded

“More stable market conditions were welcome after the recent sell-off, with tentative signs that some investors might be shifting their mindset from panic to a state of calm,” says Russ Mould, Investment Director at AJ Bell. “Nvidia was among the big names caught up in the sell-off and pre-market trading …

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Ofcom clears way for less post on Saturdays

The delivery of second-class letters on Saturdays is to be scrapped under an overhaul of Royal Mail’s universal service obligation being proposed by the regulator. First-class letters would continue to be delivered six days a week, though, under changes to be put to consultation by Ofcom, which said there was …

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Patcham Royal Mail depot is approved by Brighton council

Councillors voted seven to two in favour after hearing from residents and a Royal Mail property director during a three-hour session at Hove Town Hall on Wednesday afternoon. Patcham residents protested outside the town hall before the Brighton and Hove City Council Planning Committee meeting and filled the public gallery …

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Royal Mail could soon ditch some Saturday post in major changes

Royal Mail plans to ditch Saturday postal deliveries are now being considered by Ofcom, the industry regulator confirmed today. Regulator Ofcom said it is considering plans to axe Saturday deliveries for second class post, but keeping first class unchanged as it looks at UK postal service reforms. The industry watchdog, …

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