Retail investors could receive a “bonus” share in NatWest if they hold on to the stock for at least a year, in plans being drawn up by ministers for a populist Tell Sid-style privatisation of some of the government’s remaining shares in the bank. It plans a mass-market sale of …
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The price of a second class stamp is set to be pegged to inflation until at least 2029, the UK communications regulator has said in efforts to keep letter-sending affordable. But Ofcom said it wants to scrap the current price cap on parcel services. Under new proposals, Ofcom said it …
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Photos have revealed the state of Prince Andrew’s 30-room mansion which has fallen into disrepair amid an ongoing feud between the Duke and King Charles. The Duke of York has lived in Royal Lodge for almost 20 years but his residence is now under threat amid fears King Charles will …
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By City & Finance Reporter Updated: 16:50 EDT, 5 May 2024 Eyes on the prize: Daniel Kretinsky is preparing to table a new takeover offer The billionaire bidding for the Royal Mail has insisted he would not slash any jobs if he succeeds. Daniel Kretinsky is preparing to table a new …
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32 consecutive months of net withdrawals from funds by private investors Savers took out more than £13.5bn in 2023 Exodus is terrible for UK stock market and wider economy By Ruth Sunderland for the Daily Mail Updated: 16:50 EDT, 5 May 2024 Ask a fund manager investing in UK shares …
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5 May 2024, 20:27 The Royal Lodge is crumbling despite Prince Andrew’s promise to King Charles to renovate the £30m property after refusing to be evicted from his home of 20 years. Picture: Alamy The Royal Lodge is crumbling despite Prince Andrew’s promise to King Charles to renovate the £30m …
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Royal Mail staff are regarded as among the heroes of the pandemic but some of their jobs are still at risk. The privatised business said today it will axe around 700 management jobs as part of cost-cutting plans. The move will save around £40 million a year, the company claims, …
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Lady Louise Windsor beamed as she arrived at the Royal Windsor Horse Show in style on the final day of the four-day event. The 20-year-old royal, who had been working as an official at the event over previous days, was free to enjoy the final day as a spectator as …
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An aura of mystery continues to linger over whether the biggest of Darktrace‘s shareholders are prepared to support Thoma Bravo’s £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position …
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Stamped out ROYAL MAIL’S parent company International Distributions Services (IDS) wants regulator Ofcom to accelerate a review enabling it to cut services and save cash. At the same time, IDS has rejected Daniel Kretinsky’s £3.2 billion (€3.7 billion) takeover bid, saying it was “opportunistic” and undervalued the postal service. Bad …
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