Tag Archives: business

Talks with Bantry Bay are understood to be at an advanced stage with Superdry hopeful that a deal could be agreed as early as this week, City sources added. No agreement has been signed and a deal could yet fall apart, they added.  Superdry operates 740 branded stores across 61 …

LONDON – Strikers from the CWU Trade Union attend the picket line at Peckham Royal Mail centre on November 24, 2022 in London, England. Strikes planned for the Black Friday weekend and the run-up to Christmas will go ahead after talks between Royal Mail and the Communication Workers Union ended …

London CNN Business  —  Britain’s cost-of-living crisis is already taking the shine off Black Friday. Now, the annual shopping bonanza faces an additional threat from strikes that could disrupt deliveries, subdue online sales and deliver another blow to the slumping economy. Some 235,000 workers have gone on strike across the …

Postal workers began further strike action on Thursday morning after Royal Mail tabled what it said was its “final offer”. The Communication Workers Union (CWU) said the public would see the “end of Royal Mail as we know it” as 115,000 workers walked out. Strike action is to take place …

Sam Bankman-Fried has issued a mea culpa in a letter apologising to FTX staff for the collapse of his crypt empire. It comes as US bankruptcy proceedings have revealed that tens of thousands of British traders have been left out of pocket by the implosion of the cryptocurrency exchange FTX. …

Royal Mail has made an improved pay offer in a final effort to avoid 10 days of strike action by post men and women in the run-up to Christmas. The FTSE 250 company is understood to have offered a 9pc pay rise spread over 18 months, rather than two years, …

Royal Mail workers are to launch a fresh wave of strikes throughout December in a round of industrial action set to cause misery for millions of households posting gifts in the run up to Christmas. The walkouts have been organised by the Communication Workers’ Union amid a row with the …

Royal Mail has accelerated plans to axe Saturday letter deliveries by asking the Government to consider changing postal laws to allow a five-day-a-week operation. The postal monopoly, which has a legal requirement under its “Universal Service Obligation” to deliver letters six-days-a-week, is seeking permission for “an early move to five …

The Chancellor will most likely not include business rates relief in his autumn statement this week. Insiders in the government have signalled that Jeremy Hunt will not give into calls to delay the uprating of business rates nor to extend relief from the tax. They are set to rise in …

Royal Mail workers are set to take four days of industrial action over the next two months. Among those affected by the planned strikes is Tom Yendell, a disabled artist. Tom was born without any arms due to a disease called Thalidomide, he now represents 30 disabled artists who create …