Colchester Council’s planning committee has voted to put the blueprints for Royal Mail’s former Lexden Heath delivery office on hold until councillors have seen the site for themselves. Businessman Gezim Aliaj, who owns the building, wants to open a café with space for 38 diners at the site in London …
Read More »Oxford MP criticises extremely disruptive postal delays
Anneliese Dodds, MP for Oxford East, is urging the responsible authority to “improve their delivery record” after figures appeared to indicate 2019/2020 was the last time the company met its target of delivering 91.5 per cent of all first-class mail by the next working day. A spokesman has responded saying he …
Read More »Royal Mail, Mitchells and Butlers, LSEG and more: What brokers said today
“Importantly, Avation now has a 'sold out' fleet and is poised for growth with lower CO2 ATRs – that may help mitigate future environmental regulatory … Source link
Read More »Royal Mail and Anglo American shareholders braced for final takeover offers | Royal Mail
Shareholders in Royal Mail’s owner and in the mining company Anglo American are awaiting a final deadline on Wednesday for firm offers that could see two of the UK’s most prominent companies fall into foreign ownership. Czech billionaire Daniel Křetínský has made an approach to International Distributions Services (IDS), which …
Read More »Companies roundup: Tory tax cuts & Royal Mail results
Tax cuts, International Distributions Services (IDS) and Ithaca Energy (ITH) Rishi Sunak is preparing a £2.4bn tax cut for pensioners, in a bid to boost his difficult election campaign. The Tories said, if they win the election, they would increase the personal tax allowance for pensioners every year, so it rises in …
Read More »Victorian Plumbing – sales flat, gross margin up
Free cash flow up by a third Increased proportion of own brand sales Victorian Plumbing (VIC) delivered flat half-year revenues on a like-for-like basis and a 2 per cent rise in completed orders through the period. That’s a reasonable enough outcome given where we are in the interest rate cycle, …
Read More »Post Office scandal: Met Police investigation set to go national
The Metropolitan Police has confirmed it is setting up a national investigation into the Post Office scandal, although it could take at least two years before any individuals will be charged. The force first started looking into the actions of Post Office and Fujitsu staff in January 2020, following the …
Read More »Royal Mail's delayed prelims fail to impress the City – here's why | LSE:IDS
Delayed prelims from Royal Mail owner International Distributions Services PLC (LSE:IDS) met with a collective 'meh' from City analysts digging … Source link
Read More »Princess Kate received ‘tens of thousands’ of cards after cancer news | Royal | News
Kensington Palace has been flooded with “tens of thousands” of get well soon cards and gifts for Princess Kate after news about her cancer battle became public. The royal had been away from public duties since January after undergoing planned abdominal surgery, however she released a video two months later …
Read More »Totland Post Office saved from closure thanks to community and council support
Isle of Wight Conservative MP, Bob Seely, has called on Island communities to support their local Post Offices saying it’s a case of “use them or lose them”. He said, “There are a lot of people who rely on local post offices services, especially for cash withdrawals. These services are …
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