Activist fund manager Gatemore, which specialises in UK small and mid cap investments, has gone on the warpath, with an open letter critical of the management of chemicals company Elementis [LON:ELM]. This follows a previous private letter to management and conversations with the board. Gatemore seems most concerned about the …
Read More »
By Alex Brummer for the Daily Mail Updated: 18:00 EDT, 30 April 2024 There is something dysfunctional about management and continuity at HSBC. Chief executive Noel Quinn, having spent seven months auditioning for the top job, has decided to quit after less than five years at the helm. Contrast this …
Read More »A toddler pretended it was his birthday so he could get Prince William’s attention today as the heir to the throne surprised fans during a walkabout in Newcastle – and said Kate was ‘doing well’. Three-year-old Kevin made the cheeky claim as the Prince of Wales arrived at James’s Place, …
Read More »
By Jessica Clark Updated: 18:05 EDT, 30 April 2024 Cost cutting: Royal Mail’s owner IDS is calling on Ofcom to speed up a review and allow it to ‘urgently’ bring in sweeping changes The boss of Royal Mail’s owner has slammed ministers and regulators over their failure to reform the …
Read More »
By Emily Hawkins Updated: 18:15 EDT, 30 April 2024 AI boom: Amazon said revenues hit £115bn in the first three months of 2024 Amazon raked in sales of £1.25billion a day at the start of the year as it cashed in on demand for artificial intelligence technology. The company said …
Read More »
Leeds Civic Hall. Voters in Leeds are encouraged to make their mark by taking part in the Leeds City Council and regional elections this week. Polling stations across Leeds will be open from 7am to 10pm on Thursday 2 May for everyone registered who has not already voted by post …
Read More »
By Jess Sharp, Money team We first came across Tom McPhail when he posted this on X… The pensions expert appeared to be suggesting state pensions were at risk of disappearing. After speaking to him on the phone, he confirmed that was exactly his concern, warning something needed to be …
Read More »
The BBC understands Nigel Railton will be named as chair of the Post Office after Henry Staunton was sacked … Royal Mail waives £5 penalty for fake … Source link
Read More »
The saga over the future ownership of the Telegraph newspaper and Spectator magazine has entered a new phase after RedBird canned its takeover deal, putting the titles up for sale again. The Abu Dhabi backed takeover had caused controversy over the potential for foreign owners to take control of key …
Read More »
The Royal Mail has announced it will introduce new measures and technology to fight against counterfeit stamps. In its battle against the circulation of fake stamps, the delivery service will introduce a stamp scanner on its app to help customers detect dodgy versions using the barcode etched on the item. …
Read More »