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* FTSE 100 down 0.3.%, FTSE 250 down 0.5% * Sino-U.S. tensions dominate sentiment * Royal Mail tanks as turnaround behind schedule * Centrica, BAT outshine main index * Labour manifesto weighs on sentiment at home (Adds company news items, updates to closing prices) By Shashwat Awasthi and Muvija M …

Another day, another nationalisation proposal from Labour. Now the plan is to bring the supply arms of the big six energy firms under public ownership. We’re talking here about the retail units of EDF Energy, Centrica (meaning British Gas), Npower, E.ON, ScottishPower and SSE, businesses that supply gas and electricity …

Even as Prince Andrew was penning that historic statement on Wednesday evening announcing his withdrawal from public life, the edict had gone out: protect the Princesses. By any measure, Beatrice and Eugenie have suffered a traumatic few days — from the excruciating Newsnight interview on Saturday to the widespread criticism …

Prince Andrew was last night forced to pull out of a work junket to Bahrain this weekend after being persuaded by his family that it was ‘not a good idea’ following this week’s dramatic events. He had planned to fly to the Middle East to attend an event connected with …

SHARES in Royal Mail dropped significantly as it warned its turnaround programme was not on track despite improving profits and revenues over the past six months. The company’s shares slid 17 per cent to 192.4p at one stage as it said its transformation plan is “behind schedule” and also cautioned …

The postal carrier said online shopping drove parcel revenues up 5.6% in the six months to the end of September, “more than offsetting” continued letter revenue decline of 1.4% Shares plunged at  (), after the postal carrier reported a “significant increase in the risk of industrial action taking place” as it …

Royal Mail warned that its domestic business could fall into the red next year owing to a steeper-than-expected decline in letter deliveries. The former … Source link

Prince Andrew didn’t step down from royal duties — he was fired by his mom, Queen Elizabeth II, according to reports in the UK. “The Queen summoned the Duke to Buckingham Palace to tell him her decision,” one of Andrew’s friends told the Sun of the Duke of York’s downfall …

LONDON — In a bid to re-energize his election campaign, Jeremy Corbyn, the leader of Britain’s Labour Party, unveiled the party’s most left-wing agenda in a generation on Thursday, vowing to tax the wealthy to renationalize large parts of the country’s utilities and railways, reduce carbon emissions, and pay for …

European stocks were under pressure on Thursday after a political stand-off between the US and China cast severe doubt over prospects of a trade deal. Equities dropped for a fourth straight day as the mixed headlines on the US-China front muted investors’ appetite for risk. However, European markets closed off …