Tag Archives: business news

— This is the script of CNBC’s financial news report for China’s CCTV on September 23, 2022. The Bank of England hiked interest rates by 50 basis points. This is seen as conservative, but the market understands the Bank’s “wait and see” attitude ahead of the new government’s fiscal measures. …

The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …

Royal Mail falls 7.2% Royal Mail fell 7.2% in afternoon trade following a second day of strikes by U.K. postal workers. Shares of the former state postal monopoly fell close to the bottom of the Stoxx 600 after the second day of walkouts over pay. Royal Mail staff are planning …

LONDON, AUGUST 26: Striking postal workers on the picket line in Whitechapel on August 26, 2022 in London, UK. More than 100,000 postal workers walk out across the country today in a dispute over pay. Photo by Guy Smallman/Getty Images LONDON — Postal workers across the U.K. went on strike …

LONDON, ENGLAND – JUNE 25: A view of the crowd at the RMT strike rally at Kings cross station on June 25, 2022 in London, United Kingdom. The biggest rail strikes in 30 years started on Monday night continuing on Thursday and again Saturday, with trains cancelled across the UK …

The price of a stamp is going-up tomorrow as the amount it costs to post a letter becomes the latest item households and businesses are now paying more for from this month. A first class stamp is increasing by 10p to 95p, says Royal Mail, which explains it is raising …

A council leader says he is confident a compromise can be found after a petition to install three short-stay parking bays outside Ashford’s sorting office gained strong public support. More than 3,000 people signed the petition as residents have long called for a solution to the parking troubles outside the …

Kent County Council has unveiled controversial plans to sell or lease part of its historic headquarters into flats and co-working spaces. Maidstone County Hall has been KCC’s HQ for more than 130 years, but some blocks of the historic building have been declared surplus to requirements. County Hall in Maidstone …

Reuters Now Posted Another lockdown party scandal embroiled Boris Johnson on Friday, as it emerged his staff partied at his Downing Street residence on the eve of the funeral of Britain’s Queen Elizabeth’s husband, Philip. Indoor gatherings were banned at the time. Source link

UK: The Rolling Stones, described by fans as “the greatest rock and roll band in the world”, will certainly get a lot of satisfaction from the set of 12 stamps Royal Mail are bringing out on January 22 to mark 60 years of their existence. The stamps feature concerts they …