Austria lockdown weakens travel stocks, FTSE 100 lower More strong sales figures from B&Q failed to stop shares in owner Kingfisher sliding today amid City fears that weary DIYers are planning a home improvement breather. The group, which also owns Screwfix, believes “enduring” industry trends created by the pandemic, such …
Read More »European stocks rollover as rising Covid cases prompt new lockdown concerns
European stocks have been altogether more resilient this week, with the DAX and CAC40 once again setting new record highs today, however we have slid back heading into the close, after US markets rolled back after initially opening in positive territory. Europe Talk of tighter covid restrictions being rolled out …
Read More »FTSE 100 ends lower on commodity weakness; GlaxoSmithKline goes ex-dividend | Money
The FTSE 100 extended losses for a third day and was set to end the week lower after gaining for three straight weeks, as a robust jobs report and data showing inflation at a 10-year high earlier this week heightened rate hike expectations. — Reuters pic LONDON, Nov 19 ― …
Read More »Royal Mail PLC still perceived as cheap despite rocketing 241% since first 2020 lockdown
It’s an ill wind that blows nobody any good and the coronavirus pandemic has been good to Royal Mail It’s hard to think of centuries-old Royal Mail PLC (LSE:RMG) as a go-go-glamour stock but it was near the top of the Footsie’s charts again today. The shares were up 3.2% …
Read More »Altrincham and Sale MP Sir Graham Brady faces questions over ‘£800-an-hour job’
Sir Graham Brady is facing questions about a job which paid him the equivalent of £800-an-hour. The advisory role for a management consultancy firm, which has no website and is owned by a constituent, paid him a total of £10,000 for around 12 hours of work, the Guardian reported. But …
Read More »Royal Mail sorry for postal delays across Oxford – BBC News
Mark Taylor, from Summertown, said Royal Mail was making "excuses about staffing issues. "I'm quite angry. I had an issue with concert tickets [being … Source link
Read More »Five stories you may have missed this week
1) Plan to scrap Bauer judgment raises ‘serious issues’ The Department for Work and Pensions’ plans to scrap the Bauer judgment raises “serious issues of pension protection”, according to Lane Clark & Peacock. 2) Women need £185,000 more for same retirement as men Women need to save £185,000 more than …
Read More »FTSE 100 ends lower on commodity weakness; GlaxoSmithKline goes ex-dividend
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo Register now for FREE unlimited access to reuters.com Register Playtech jumps on takeover offer from JKO Play Royal Mail gains on strong HY results Metro Bank slumps after Carlyle ends …
Read More »Royal Mail to offer additional contributions for CDC scheme lump sum payments
Members of the Royal Mail Collective Pension Plan (RMCPP) who choose to save for an additional lump sum payment will receive an extra 1 per cent in employer contributions, its half-year report has revealed. The RMCPP will comprise a collective defined contribution (CDC) section and a defined benefit lump sum …
Read More »News updates from November 18: Turkey’s central bank cuts rates again, Ford teams with GlobalFoundries to boost future chip supply, CVC to acquire Unilever tea business
The governor of Upper Austria has said his province and the city of Salzburg will enforce a full lockdown from Monday, shutting non-essential shops and hospitality venues and ordering all residents to stay at home, regardless of vaccination status. In a statement today, Thomas Stelzer called on Austria’s federal government …
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