The appearance of a sign has hinted at a new future for a former restaurant in Nuneaton town centre. Above the entrance to the old Ginger Tree is a new sign that reads ‘The President’. It comes just over a year after another venture was set to open in the …
Read More »Ocado Shares Rise Following £200m Settlement with Autostore
Online supermarket Ocado saw a surge in its share price on the FTSE 100 index, as the City remained positive about its future prospects. Investment bank Jefferies raised its target price on Ocado stock from 550p to 750p, citing the company’s £200m settlement with Norwegian robotics firm Autostore. The settlement …
Read More »Girl, 10, draws her own stamp on letter to grandparents – and Royal Mail delivers it
A young girl from East Yorkshire was “over the moon” after the Royal Mail delivered loving letters she had written to her grandparents, despite them not being stamped – at least not in the traditional way. Lily-Mai Lee, 10, decided to write notes to her grandparents, who live in York, …
Read More »GCR Live: Competition Litigation 2023
Liam Colley will join a panel of competition attorneys and economists to discuss the BT and Royal Mail trucks judgment at this London conference. Mr Colley will participate in a panel titled, ‘Economic expert evidence – pleasing no one? Lessons from BT & Royal Mail Trucks Judgment’ at this annual …
Read More »Royal Mail’s owner finally given a stamp of approval
After a torrid 12 months for International Distributions Services marred by a bitter industrial dispute and ballooning losses, analysts at one of the City’s top stockbrokers believe investors should start buying shares in the owner of Royal Mail. Shares in the FTSE 250 group, which also owns GLS, the overseas …
Read More »Wrongfully convicted Post Office workers offered £600,000 compensation after Horizon scandal
The Government says Post Office workers wrongfully convicted for theft and false accounting will be offered £600,000 each in compensation. More than 700 postmasters were given convictions after money appeared to be missing from their sites, something later attributed to the now discredited Horizon IT system. For those postmasters whose …
Read More »MARKET REPORT: Traders upbeat on Ocado after robot wars victory
MARKET REPORT: Traders upbeat on Ocado after robot wars victory By John Abiona Updated: 17:01 EDT, 18 September 2023 Ocado shot up the FTSE 100 index as the City remained upbeat over its prospects. Ahead of the blue-chip online supermarket’s quarterly results today, Jefferies raised its target price on the stock …
Read More »ArrowXL inks strategic partnership deal with Scurri
Two-person delivery specialist ArrowXL and delivery management platform Scurri have forged a strategic partnership which will allow retailers on the Scurri platform to deliver bulky and larger size online orders across the country. ArrowXL makes over two million deliveries on average each year, providing delivery coverage to 98% of …
Read More »Royal Mail workers speak in run-up to next Postal Workers Rank-and-File Committee meeting: “It is good to see opposition to this sellout.”
In the run-up to the next Postal Workers Rank-and-File Committee (PWRFC) meeting this Sunday, workers at Royal Mail have continued to make their opposition felt to the betrayal inflicted by the Communication Workers Union (CWU) against their year-long struggle. They recounted how the Business Recovery, Transformation and Growth (BRTG) Agreement …
Read More »Kate surprised by inflating lifejacket during Royal Navy air base visit
Kate, who is Commodore-in-Chief of the Fleet Air Arm, erupted in laughter as she was being shown around Royal Naval Air Station (RNAS) Yeovilton in Somerset – one of the busiest military airfields in the UK. During the visit, the princess spent time in the air traffic control tower and …
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