Tag Archives: business

Boris Johnson and Rishi Sunak will hold crunch talks over the future of Britain’s railways next week after delaying publication of the biggest review of the train network since privatisation. Plans to publish a rail blueprint before May’s local elections have been shelved with the Treasury at loggerheads with the …

But Mr Brown said: “We are operating a service that the Government wants us to operate to allow key workers to get to places … and keep industry going. And we are being paid a management fee for running that contract.    “If you were talking to [waste management company] Veolia …

A postal worker for Royal Mail Plc empties a postbox in Manchester. Photographer: Paul Thomas/Bloomberg Photographer: Paul Thomas/Bloomberg Royal Mail Plc raised its profit expectations for this year due to a pick-up in letter volumes, a weak spot in the company’s turnaround. The shares jumped after the company said that …

The 79-year-old is also the largest shareholder in Liberty Media, which bought Formula One from buy-out fund CVC for £6.4bn four years ago. Drivers and investors may have been forthcoming, but keeping Extreme E on track has still proven a prodigious task. Companies have been shielding their cash to protect …

The purple post box outside Inverness Town House. People using the post box outside Inverness Town House are no longer seeing red but a rather vivid purple. Royal Mail has been tight-lipped so far but it has prompted curiosity among the public in the city centre. Some are speculating the …

Airlines and travel companies have reported a surge in holiday bookings after the Boris Johnson announced his roadmap out of lockdown. EasyJet, Ryanair, Tui and Thomas Cook reported a jump in bookings to destinations including Spain and Greece after the prime minister said international trips could potentially resume from 17 …

Security outsourcing firm G4S looks set to be taken over by Allied Universal Security Services, after rival Canadian suitor GardaWorld said it would not be increasing its existing bid to trump the US firm’s £3.8bn offer. G4S, which operates services including running four British prisons and managing 21 UK Covid-19 …

BOSTON (AP) — Kroger Co. says personal data, including Social Security numbers of some of its pharmacy and clinic customers, may have been stolen in the hack of a third-party vendor’s file-transfer service. The Cincinnati-based grocery and pharmacy chain said in a statement Friday that it believes less than 1% …

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Italian Prime Minister Mario Draghi’s administration is about to accelerate Italy’s Covid-19 vaccination program, taking inspiration from the U.K. campaign, in an effort to …

Andy Haldane caused quite a stir this month when he suggested the economy was like a coiled spring waiting to go off. As the Bank of England’s chief economist has discovered, it’s harder to be a Tigger than an Eeyore. Predictions of impending disaster tend to be forgotten even when …