I echo Pippa Crerar’s assessment of the king’s speech (Starmer counts on promises he can fulfil to rebuild voters’ trust, 17 July). I imagine I’m not alone for someone my age (I’m in my 20s) in finding this speech to be the only one of this kind I have ever …
Read More »Japanese shares hit by US sell-off, market rotation helps UK stocks and US small caps, UK wage strength problem for Bank of England, Frasers’ results impress and Royal Mail comeback
“A catastrophic day for US tech shares hasn’t caused widespread contagion on the markets,” says Dan Coatsworth, Investment Analyst at AJ Bell. “While the Nasdaq had a miserable day on Wednesday, only Japan’s Nikkei 225 caught a cold in response. Its semiconductor industry might be affected if the US government …
Read More »Royal Mail revenues boosted by election and rise in stamp prices | Royal Mail
The chief executive of Royal Mail’s parent company has said it was “too easy to point a finger” at the delivery company over delays to postal votes, as it reported a rise in revenue helped by the general election. The postal company’s owner, International Distribution Services (IDS), which is the …
Read More »FedEx executive vice president retires
FedEx Corporation has announced that Mark R. Allen, executive vice president, general counsel and secretary, will retire after a distinguished 42-year career with the company. He will serve in his current role until Sept. 23, 2024, and then move into a senior advisor position until Dec. 31 to ensure a …
Read More »King Charles frustrated with royal robe hiccup at ceremony
King Charles III couldn’t conceal his emotions when his royal regalia failed him during the State Opening of Parliament on Wednesday. The 75-year-old monarch appeared annoyed when his extravagant Robe of State refused to lay correctly after he sat on the throne for the ceremony in London, marking the second State …
Read More »Here’s what the Czech Sphinx is planning for Royal Mail
The formal confirmation of Křetínský’s plans comes as IDS posted unexpectedly positive results this morning. The ‘Czech Sphinx’ billionaire vying for a takeover of International Distribution Services (IDS), the parent company of Royal Mail, has released a document confirming his “intentions and commitments” for the firm if his £3.6bn bid …
Read More »Netflix, Frasers, Royal Mail, Ray-Ban, Meta, Warner Bros Discovery, Nokia, Samsung, Llama AI – Markets Defused
About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background – …
Read More »Record number of postal votes give Royal Mail an election bonus
By Leah Montebello Updated: 17:00 EDT, 18 July 2024 Royal Mail has enjoyed a surge in revenues as a record number of postal votes were delivered during the election. International Distribution Services (IDS), its owner, said revenues from letters hit £985million in the three months to the end of June, …
Read More »Trump shooter Thomas Crooks researched member of Royal Family online as he planned targets for assassination, FBI says
The gunman who attempted to kill Donald Trump had researched a member of the Royal Family as he planned targets for assassination, the FBI has revealed. Thomas Crooks was killed by US Secret Service snipers seconds after he opened fire on the former President during a rally in Pennsylvania on Saturday. …
Read More »Labour must move quickly to stop Royal Mail’s hasty sell-off to fast-buck foreign investor – Paul Routledge
The new government has only been in power for five minutes but they need to urgently halt the sale of our 500-year-old institution for £3.5bn to Czech tycoon who made his billions flogging Russian gas Czech businessman Daniel Kretinsky has bid £3.5bn for Royal Mail ( Image: AFP via Getty …
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