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
Read More »Astrazeneca Is Empowered By Optimism In Vaccine Trials
On the eve of the third quarter, investors again received good news from Astrazeneca. A final result from in-depth studies of its potential Covid-19 vaccine could be available by the end of this year, says the study’s chief investigator Andrew Pollard. His comments come days after the UK’s health authority, …
Read More »The Monocle Minute
And perhaps that is precisely what's behind the latest news from the Royal Mail, the UK's postal service. In one of the biggest changes to its services … Source link
Read More »FTSE 100 share prices fall as coronavirus spread offsets hopes of a Brexit trade deal for Boris Johnson
The week was set to start on the gloomy note for the FTSE 100 today after a weekend of worsening Covid-19 infection numbers grip the global markets, outweighing hopes of progress on post-Brexit trade negotiations. Shares managed a decent run on Friday after US pharmaceuticals group Gilead’s Remdesivir won approval …
Read More »Post Office to shut 600 ATMs in blow for high streets across Britain
Cost-cutting has resulted in about 55 bank and building society branch closures every month since 2015, according to Which? The Post Office does not currently own or operate any of the 2,000 ATMs at its branches, which are run by Bank of Ireland. As part of its new plan it will …
Read More »The royal clerk threw Prince Andrew a blow and left him…
The royal clerk threw Prince Andrew a blow and left him on the floor. Prince Andrew’s reputation as a resident mischief maker was a long-kept secret within the walls of Buckingham Palace. However, a recent report uncovered a number of his previous antics, all of which foreshadowed his troubled teenage …
Read More »Postal workers to collect from the doorstep as Royal Mail shakes up service | Business
Royal Mail postal workers will for the first time collect parcels on the doorstep, in one of the biggest changes to the service as it adapts to the decline in letters and rapid growth in online shopping. From Wednesday customers across the UK will be able to pay a fee …
Read More »Wind of change blowing through Royal Mail as top investor gives stamp of approval for shake-up
Italy provides a more recent example. Despite being privatised after Royal Mail, in 2014, the business has flourished. Parcels are now delivered seven days a week. Since being floated it has overtaken, rather than fallen behind, its rivals. Royal Mail, meanwhile, is looking to shorten its current six-day delivery schedule when …
Read More »Royal Mail eyes PM’s £800m home Covid tests contract
The Government’s testing regime has come under pressure in recent weeks amid reports testing centres have been overwhelmed by demand. Mr Williams said: “[Moonshot] is an opportunity for Royal Mail to show what we can do after the rapid change of the postal market in 2020. “We have challenges, but …
Read More »Ocado depot plan in London derailed by locals’ intervention
Ocado has lost the right to open a new depot in north London after the local council ruled that a planning application was misleading. The news emerged after Labour councillors in the area welcomed the move by the authorities in Islington. The decision could be a major setback for Ocado’s …
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