It’s a triumph. Instead of losing £1m a day in its core UK business, which was the statistic in June, Royal Mail got the rate down to an average of £700,000 a day across the April to September period. If that doesn’t sound much to cheer, look at the share …
Read More »London stocks fall as Brexit, coronavirus concerns weigh | Money
The blue-chip FTSE 100 index closed 0.8 per cent lower, with chemicals maker Johnson Matthey Plc tumbling 5.6 per cent after it posted a near 90 per cent slump in half-year profit and refrained from providing an outlook for 2021. — Reuters pic LONDON, Nov 20 ― London stocks slipped …
Read More »Order your limited-edition printed programme
Since rugby’s restart back in August, the match programme has been available online and this service will continue as games are played behind closed doors. But, fans can also purchase an exclusive souvenir edition for this special game through the club’s long-standing programme partners, Ignition Sports Media. Printed editions are available in …
Read More »Cineworld one of the most heavily shorted stocks in London
It looked for a moment that it would emerge from under the cloud of COVID, but it looks like the virus has Cineworld [LON:CINE] by the neck, and the vultures are circling. Cineworld stock is now one of the most heavily shorted by hedge funds on the London market, according …
Read More »Your three-minute digest
6 Royal Mail, the private postal operator, has claimed that its obligation to deliver parcels and letters to every address in Britain should change after it … Source link
Read More »FTSE 250 movers: Investec falls after results; Serco gains
London’s FTSE 250 was down 1% at 19,501.42 in afternoon trade on Thursday. Investec lost ground even though the financial services company reinstated its dividend and forecast an improved second half after better-than-expected interim results. Cineworld shares slumped following a report the cinema chain is considering a company voluntary arrangement …
Read More »A survival guide for marketers – Marketing Week
Here we are again. Amid the anxiety and uncertainty as much of the UK goes through another national lockdown, there is also a feeling of déjà vu. When the first lockdown was announced back in March, we all had to adjust to new sets of rules and ways of getting …
Read More »Royal Mail suffers 90% slump in profits despite rise in parcels revenue
Royal Mail’s parcels revenue has overtaken letters for the first time and now represents 60% of its entire turnover, according to the postal group. Turnover rose in the first half of its financial year to 27 September by almost 10% to £5.7bn. However, even the 31% increase in parcels …
Read More »‘Try Royal Mail instead of snail mail’: Thousands of quick turnaround covid tests yet to arrive
Batches of thousands of quick turnaround covid tests aiming to allow care home visits to return still haven’t arrived on Teesside. The Government unveiled a vast plan to give out on thousands of tests to council public health leaders last Monday (November 10). Chiefs at the Department of Health and …
Read More »Lockdown worries send stocks lower
Stock markets are set to finish the day in the red as lockdown worries have replaced the recent optimism generated on the back of the vaccine hopes. Europe Concerns about the health crisis and the lockdowns is the main theme of the session. Traders haven’t forgotten about the hopeful news …
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