More pension schemes are now outsourcing the management of their investments to wealth managers such as BlackRock to handle market volatility. Sion Cole, head of UK OCIO Business, BlackRock, told Money Marketing he has seen a significant growth in the outsourced chief investment officer (OCIO) market for pension schemes. This …
Read More »A frenzied fortnight – The Isle Of Thanet News
Craig Mackinlay I’d call the last couple of weeks somewhat frenzied; a huge number of media appearances and comments on national issues including the fallout from my highlighting of serious shortcomings of Amazon, the global retailer with £25Bn turnover in the UK alone. Working with Royal Mail I have highlighted …
Read More »Ivor stepping down after 14 years as County Durham’s tourism ‘ambassador’
Ivor Stolliday, stepping down from role chairing the board of Visit County Durham Ltd Picture: VISIT COUNTY DURHAM (Image: Visit County Durham) The man at the forefront of the body promoting tourism in County Durham is standing down after 14 years of sterling service. Ivor Stolliday has announced he is …
Read More »INSIGHT: US e-commerce logistics market report 2023
Did you know: the USA has the second-largest e-commerce market in the world, just after China? In fact, online sales in the USA have shown consistent yearly growth of 13% to 18% over the past 10 years, and the market is anticipated to keep growing at a compound annual growth …
Read More »It’s like herding wildcats at the Highland Wildlife Park!
Click here to sign up to our free newsletters! Five Scottish wildcat kittens have been born at the Highland Wildlife Park, keepers have announced. Staff at the Royal Zoological Society of Scotland-owned attraction by Kincraig say the new arrivals are doing well. They will receive their first health checks …
Read More »Prep for Freightos – The Loadstar
ID 108350918 © Teodor Lazarev | Dreamstime.com Swings. Now worth a tiny little fraction of its peak value on debut in late January and down 75% from IPO in Q1 23, Freightos stock (CRGO) rose about 22% to $2.5 last Friday in a weak market overall. The likely catalyst? You read it here: …
Read More »Will Royal Mail ever make a profit?
Concerted efforts to improve efficiency Weakened demand International Distributions Services (IDS) published its full-year results last week. As expected, they didn’t make for easy reading. The group reported a £748mn operating loss, down from a £577mn profit the previous year. A robust performance from European courier GLS did little to …
Read More »Cyberattacks Worst Threat to Local Governments in 2023: Here’s How to Stay Protected
Highlights: 58% of local governments are facing ransomware attacks. $2.07 million is the average ransom demand. Save the Date – May 30th: Protect local government services & data. Register Here: APAC|EMEA|AMER At a Royal Mail distribution office in Ireland, on Wednesday the 11th of January 2023, employees were met with the …
Read More »Royal Mail customers face further disruption following strike action
Royal Mail services were disrupted in parts of the UK over the weekend due to strike action and local issues affecting certain offices. While business was expected to resume as normal today, the courier has issued an update of postcodes that will experience further delays. Households in Scotland and parts of …
Read More »Massive fire destroys historic post office in Philippines
A massive fire has ripped through an historic post office building in the capital of the Philippines. The fire started before midnight in the basement of the neoclassical, five-storey building in Manila and was brought under control on Monday morning more than seven hours after it began, firefighters said. An …
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