Tag Archives: business

Mr Seidenberg is also understood to have used the meeting, which was arranged before Mr Kretinsky’s takeover bid emerged, to lobby for reform of Royal Mail’s universal service obligation (USO).  The company has submitted proposals that would see second class letters delivered just three times a week, while the six-day …

The Government has shown little appetite to mount a defence. The Chancellor has talked in platitudes about how there are lessons to be learned from the debt crisis that has engulfed Thames Water at the same time as repeating the tired yet vague mantra that Britain must ensure it continues …

Keith Williams, chairman of IDS, said: “The board is minded to recommend this offer price, which it considers to be fair and reflects the value of GLS’ current growth plans and the progress being made on change at Royal Mail to adapt the business to a significant fall in the …

Figures from Indeed, the recruiter, show advertised salaries are accelerating in the UK even as they slowed in the eurozone. Real wages have risen by more in 12 months than they did in the previous 16 years, according to the Resolution Foundation. Regular wages are 2.4pc higher than they were …

Hundreds of oil rig workers have been left stranded after helicopter pilots responsible for transporting offshore staff to and from dozens of locations in the North Sea went on strike. The two-day walkout by pilots at Bristow Helicopters, which began at midnight on Monday, will disrupt more than 80 scheduled …

The company’s autonomous drones, which take off and land like an aeroplane, have a 10-metre wingspan and can carry up to 100 kilograms for 1,000km. They would be more likely to be used for bulk deliveries to delivery hubs, rather than dropping letters and parcels at doors. It has secured …

Yet if it had so little impact, why did both Switzerland and Japan, which were subjected to the same external shocks but did not see anything like the same degree of money growth, have a less severe inflationary experience? In any case, the Bank of England’s latest Monetary Policy Report …

It signed agreements in principle with the likes of Royal Mail and Travis Perkins to supply its flagship 7.5-tonne electric trucks, which were set to … Source link

Mr Kretinsky’s Royal Mail bid was rejected but he is expected to return with an improved offer. His involvement in Atos is understood to be entirely separate from his interest in Royal Mail. However, both approaches are sure to draw intense government scrutiny. The French state has pledged to contribute …

A Goldman insider says one of the “big reasons” to go ahead with the removal of the bonus cap was to compete with other financial centres better. Richard Gnodde, Goldman’s international chief, said years ago that removing the bonus cap would “put the UK on the same footing, aside from …