Thursday, November 21, 2019 7:38 a.m. CST By David Milliken and William Schomberg LONDON (Reuters) – Britain ran a much bigger budget deficit last month than expected, showing how public borrowing is already on the rise even before politicians implement any of the costly spending pledges they have made in …
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London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …
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Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …
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The Royal Mail (LSE: RMG) share price slumped by as much as 17% in morning trading as threats of industrial action are expected to impact the company’s outlook. The six months to 29 September brought in a pre-tax profit of £173m (though that includes an operating profit of only £61m), …
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Click here to read this morning’s Market Outlook from The Trader. IC TIP UPDATES: A trading update from Knights Group Holdings (KGH) indicates the first half of the year will be in line with market expectations, with double digit organic revenue growth and the benefit of prior year acquisitions. Characterised as …
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A Royal Mail lorry appears to have got stuck under a bridge on Embankment Road. One eyewitness told Plymouth Live that there are “massive delays” in the area due to the “stuck” lorry. She said: “Lorry stuck on Embankment Road, Exeter-bound, causing massive traffic delays. It’s too big to go …
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Thursday, November 21, 2019 5:09 a.m. EST By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European shares slid to near three-week lows on Thursday after U.S. legislation on Hong Kong added to concerns that a “phase one” trade deal between Washington and Beijing would not be sealed anytime soon. Trade-sensitive …
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Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net EURONEXT: WHOSE FAT FINGER WAS THAT? (1028 GMT) Just a few minutes after the …
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Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: UK government borrowing hits five-year high UK government net borrowing rose to a five-year October high last month, official figures show. The Office for National Statistics (ONS) data comes as the …
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Shares in Royal Mail have dived after it warned that the company’s transformation programme is “behind schedule”, despite improving profits and revenues over the past six months. The delivery giant’s shares slid 16.7% to 192.4p in early trading after it also cautioned investors that its UK business could make a …
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