Tag Archives: business

Another top executive is leaving the Post Office as the embattled business prepares for the final stage of the Horizon inquiry. Staff were told on Wednesday that Martin Roberts, group chief retail officer at the taxpayer-owned organisation, will leave on Aug 2. He has been in post since Feb 2022 …

The parcel delivery business Evri is to hire 9,000 extra workers in a race to take on Royal Mail, just days after agreeing to be taken over by a giant buyout fund. Evri said it planned to take on 8,000 more delivery drivers and 1,000 more workers amid exploding demand …

Yet defenders of the F-35 say it is a highly capable aircraft that is proving doubters wrong, with orders flooding in from Nato countries such as Germany, Canada, Finland, Switzerland, the Czech Republic and Greece in recent years. Deployments of F-35s in Syria against Islamic State and on Eastern Europe’s …

FILE – Britain’s Prince Harry leaves after attending an Invictus Games Foundation 10th Anniversary Service of Thanksgiving at St Paul’s Cathedral in London, on May 8, 2024. Prince Harry said that his crusade against the British tabloids has contributed to his royal family rift, according to a documentary airing Thursday …

Meanwhile the wider Stellantis group said profits have halved, sending shares in the world’s fourth-biggest carmaker down by 10pc. Sales fell heavily in the US and Europe and the company said it was considering cutting prices in order to boost demand. Mr Tavares called the figures “disappointing and humbling”, but …

Apollo and Evri expect the deal to complete later this year. The announcement comes after weeks of speculation over the future of Evri.  Advent International, another American buyout fund, put the company up for sale earlier this year. The auction has attracted a series of suitors including rival delivery company …

Opposition politicians had mounted a campaign to strip C8 and its sister station, CNews, of their licences over “disinformation, racism, sexism, inciting hatred and failure to respect pluralism”. Arcom said its decision on licences was made in “the interest of each project for the public with regard to the priority …

HSBC and Linklaters have faced a backlash from activists after cheering their places at the top of an equality leaderboard run by the controversial charity Stonewall. Ian Stuart, the UK boss of Europe’s biggest bank, was criticised by Kate Harris, LGB Alliance co-founder, after he wrote on social media that …

Kretinsky’s ambitious plans have been backed up by a fevered acquisition spree that has accelerated since 2018, when the tycoon began to diversify his business away from energy. This week, Fnac tabled a €249m (£210m) offer to buy Italy’s Unieuro in a deal that would create a major new player …

The economist added: “That may not seem like a big increase, but it is 19pc higher than seemed likely a few weeks ago, and 12pc higher than the one we’re currently in. If you are looking for one reason why Rishi Sunak surprised us all by calling an early election …