Thomas Cook was on the brink of collapse last night, plunging the holiday plans of hundreds of thousands of customers into turmoil. Despite battling to secure a rescue deal, the 178-year-old travel firm could go bust as early as Sunday, according to insiders at the company which is facing a …
Read More »FTSE 250 movers: IG Group climbs, Dunelm drops
London’s FTSE 250 was 0.15% higher at 20,083.88 in afternoon trade on Thursday, with IG Group leading the index higher. Shares of the online trading platform surged as it reported flat first-quarter revenues, saying that it performed well and backed its expectations for a return to revenue growth in FY20. …
Read More »Cash spending falls behind credit card payments for the first time
Cash payments have dropped to third place behind debit and credit card spending in 2018 for the first time. The British Retail Consortium’s latest Payment Survey found that debit cards are still the most popular method of payment, accounting for almost three-in-five transactions. The use of cash payments has been …
Read More »Sumburgh Head café re-opens, no plans to move Royal Mail office, Scots language awards
Cafe with a view: Katja Stübiger at the Sumburgh Head cafe. Photo: Shetland Amenity Trust Cafe with a view: Katja Stübiger at the Sumburgh Head cafe. Photo: Shetland Amenity Trust THE SUMBURGH Head café will re-open its doors on Friday after Katja Stübiger of Katja’s Cakes was appointed to run …
Read More »Royal Mail Group admits breaking competition law that left customers paying higher prices | Business News
The Royal Mail Group has admitted a breach of competition law that led to an investigation by Ofcom. The delivery giant acknowledged “being part of an illegal anti-competitive agreement” for more than four years with SaleGroup, a re-seller of Royal Mail’s business parcel delivery services, that left customers paying higher …
Read More »Blooming butterfly catches Kate’s eye in royal gardening competition
An enormous butterfly sculpture made from wood and recycled metal will be featured in the Duchess of Cambridge’s “Back to Nature” garden after its 12-year-old designer won a Blue Peter competition. Jessica’s design featured a twisted thorax sculpted from wood and a trellis of recycled metal in the shape of …
Read More »Royal Mail’s (RMG) Neutral Rating Reaffirmed at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their neutral rating on shares of Royal Mail (LON:RMG) in a research note released on Wednesday, August 28th, Borsen Zeitung reports. The brokerage currently has a GBX 252 ($3.29) price objective on the stock. Several other brokerages have also recently weighed in on RMG. HSBC …
Read More »Right royal response from Her Majesty for Levin East School
Big excitement reigned at Levin East School earlier this week because of some right royal mail. The Year 2/3 students in Room 17 at Levin East school … Source link
Read More »FirstFT: Today’s top stories | Financial Times
FT subscribers can click here to receive FirstFT every day by email. The Federal Reserve cut interest rates on Wednesday by 25 basis points, to a range of 1.75-2 per cent. But it signalled that easing could end there despite uncertainty over trade and fierce pressure from the White House for further …
Read More »Royal Mail faces strike ballot as union claims agreement breach
The main trade union at Royal Mail has served notice for a strike ballot among 110,000 workers. The Communication Workers Union is in dispute with the postal delivery company over issues including threats to the universal service obligation, which means that post is delivered at uniform prices across Britain six …
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