Labour’s plan to renationalise large chunks of the economy risks years of disruption that could delay Britain’s transition to a low-carbon economy, a thinktank has said. The Institute for Fiscal Studies warned that taking water, energy companies, the Royal Mail and railways under state control would be costly, complex and …
Read More »Zara tycoon Amancio Ortega’s property firm to ink big West End buy
London’s property market is set for a major boost this week despite political uncertainties, with the Spanish billionaire founder of fashion chain Zara set to agree a £600 million West End deal. Pontegadea, retail tycoon Amancio Ortega’s real estate business, is about to buy The Post Building, a 320,000sq ft …
Read More »I knew Royal Mail couldn’t deliver
The Lib Dem architect of Royal Mail’s privatisation has said he knew the “Postman Pat” business was in trouble when it was sold to hundreds of thousands of ordinary investors six years ago. Sir Vince Cable, business secretary in the coalition government, said he had been “vindicated” by the collapse …
Read More »Royal Mail is paying the price for its failure to deliver
A bitter dispute with its workers threatens to undermine the need for rapid change to stave off terminal decline As she prepared to leave Royal Mail, chief executive Moya Greene took a final meeting with Terry Pullinger, the union boss who had been a constant thorn in her side. It …
Read More »U.K. Court of Appeal upholds injunction against Royal Mail strike ballot
Royal Mail PLC said Thursday that the Communication Workers Union’s request to the U.K. Court of Appeal to overturn an interim injunction was unsuccessful. Earlier this month, the High Court ruled a postal ballot of Royal Mail …
Read More »it is a painful lesson for us, but we must bite the bullet and sell Royal Mail
Questor Income Portfolio: the company admits that it could make a loss next year and everything now depends on the success of its belated – and risky – restructuring Questor’s decision in December 2016 to tip Royal Mail has not proved to be our finest hour. To start with all went well: …
Read More »International Express Service Market 2019 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2026 SF Express, BancoPosta, DHL, FedEx, UPS, Royal Mail, ZTO Express, Japan Post Group, China Post
International Express Service Market 2019 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2026 SF Express, BancoPosta, DHL, FedEx, UPS, Royal Mail, ZTO Express, Japan Post Group, China Post – Market Expert24 Source link
Read More »Labour set to smash own borrowing rules with £58bn pension spree
Labour has already blown apart its own spending rules with a £58bn pledge to compensate women hit by a rising pension age, a leading think tank warns today. The Conservatives also have the “thinnest of margins” as they seek to meet their own fiscal pledges unveiled less than a month ago, …
Read More »City investors urge UK’s top firms to pay workers living wage | Society
Influential City investors have written to the chief executives of companies including Royal Mail, British Airways and JD Sports urging them to pay their workers a real living wage. The letter calls on businesses to seek accreditation from the Living Wage Foundation, which makes sure companies pay employees and contractors …
Read More »Labour, Tories Dig up Old Attack Lines in Bid for UK Power
Labour's platform involves six pounds of new spending for every one promised by the Tories and includes nationalizing broadband, the Royal Mail, … Source link
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