The FTSE 100 is a market index made up of the 100 largest companies by market capitalisation on the London Stock Exchange, and it is usually used as a benchmark to judge the performance of the UK equity market. The index is also usually a first port of call for …
Read More »Poste Italiane profits up strongly in Q1
18 May 2022 Transport / Logistics Services Poste Italiane reports strong profit growth of 11.8% in the first quarter of the financial year. Operating profit hit €694m in the quarter on revenues of €3.0 billion (which grew by 1.4% compared to Q1, 2021). Across its business interests, financial services led Poste …
Read More »Tui slides on share sale to pay Covid aid | Business
Tui, the holiday company, fell sharply this morning after it placed new shares worth €425 million to repay part of the German state funding it received during the Covid-19 pandemic. Shares in the company, which said last week that it predicted a strong summer ahead, dropped 27½p, or 11.1 per …
Read More »Royal Mail FY 2022 Revenue Seen Rising While Profit Slips — Earnings Preview
By Joe Hoppe Royal Mail PLC is scheduled to report results for fiscal 2022 on Thursday. Here’s what you need to know: REVENUE FORECAST: The U.K. postal company is expected to report revenue for the year ended March 27 of around 12.83 billion pounds ($16.03 billion) according to a consensus …
Read More »Prince William unveils new memorial to Royal Navy submariners
The Duke of Cambridge paid tribute to the ‘continued resilience’ of the Royal Navy’s submariners and their families as he unveiled a new memorial at the National Memorial Arboretum. William gave a short speech on the Submarine Service during the unveiling ceremony at the Staffordshire site on Wednesday, in which …
Read More »Rivian’s Amazon van production under threat
18 May 2022 Transport / Logistics Services Struggling US EV startup Rivian has warned that its Amazon delivery van production will come to a halt should its seat supplier stop deliveries to the company. Rivian has taken legal action against the seat supplier Commercial Vehicle Group Inc for violating the supply …
Read More »Prince Charles says Canada must confront ‘darker’ aspects of its past
Prince Charles is greeted by well-wishers in St. John’s on May 17.PAUL CHIASSON/AFP/Getty Images The Prince of Wales and the Duchess of Cornwall began their tour of Canada confronted by the legacy of British colonialism, and faced calls for the Crown to apologize for the trauma left behind by the …
Read More »Obituary – Alan Ernest Cracknell, artist and Illustrator: 22 August 1937 – 20 April 2022
AN ILLUSTRATOR and artist who possessed a ‘prodigious imagination and a meticulous and detailed technique’ has died aged 84. Alan Cracknell, from Winchester, had a career spanning nearly 60 years, writes Bruce Edwards. Alan produced images for a huge variety of publications and companies, yet he still found time to …
Read More »3 value stocks I’d buy right now
Image source: Getty Images Falling share prices are always uncomfortable, but I think some good opportunities are emerging from recent dips. I want to look at three UK value stocks that I’d be happy to add to my share portfolio today. A dirt-cheap bargain? Royal Mail (LSE: RMG) shares have …
Read More »The Royal Mint to release new Pride 50p coin to mark 50 years of the UK Pride movement
The first official UK Gay Pride Rally was held in London on July 1 1972 since it was the closest Saturday to the anniversary of the 1969 Stonewall riots. The rally had approximately 2,000 participants and almost 50 years later, in 2019, 1.5 million people attended – making it the biggest Pride in the …
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