Tag Archives: business

In London, equity markets rose solidly as investors continued to rotate away from lockdown winners and into neglected energy, aviation and travel stocks. BP and Royal Dutch Shell both jumped against the improving demand backdrop, with the former closing up 21.4p at 274.8p. Shell rose 73.4p to £13.26, with the …

Despite the promise of a vaccine to fight off coronavirus giving the world cautious hope, the economic impact of the health crisis is still being measured. Dozens of Edinburgh businesses have been forced to close for good despite government financial support, leaving many locals out of work and unable to …

High street retailers and websites in the UK are returning to traditional catalogues and leaflets to grab the attention – and spending power – of shoppers stuck at home during the biggest shopping period of the year. With most stores closed and a large proportion of people working from home, …

It’s a triumph. Instead of losing £1m a day in its core UK business, which was the statistic in June, Royal Mail got the rate down to an average of £700,000 a day across the April to September period. If that doesn’t sound much to cheer, look at the share …

Royal Mail’s revenue from parcels has overtaken its revenue from letters for the first time as online shopping has surged during Covid-19 restrictions. Parcel deliveries accounted for 60% of the company’s revenue, up from 47% before the pandemic. The postal service’s revenue grew by 5% year on year in the …

An expensive phone that I bought on eBay, and returned because it was faulty, has been lost in transit and, although everyone agrees I should get my money back, eBay, PayPal and Royal Mail are all refusing to take responsibility. I bought the LGG8s ThinQ mobile phone for £345.99. The …

Ian Evans is having problems with a new Royal Mail service. A ‘UNIVERSAL’ parcel pick-up service offered by Royal Mail doesn’t apply to some Inverness-shire postcodes. The service – Parcel Collect – launched last month, was meant to cover the whole of the UK, but potential customers seem to be …

Royal Mail shot to its highest price since February 2019 on Monday, on hopes it could win a £550m government contract against Amazon to deliver 215,000 Covid home-testing kits a day as part of the NHS Test and Trace. Britain’s postal service company rose 8.5p to 261.7p. Adding to optimism is …

Royal Mail and Amazon are scrambling to seize control of Boris Johnson’s “Operation Moonshot” programme to deliver 215,000 home testing kits a day. The duo are this weekend finalising rival bids to win a £550m, one-year contract from the taxpayer to spearhead home testing as part of NHS Test and …

UK extends wage support scheme until March amid new lockdown … the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. Source link