One in 10 Britons has signed up to a subscription service during lockdown, with companies offering regular deliveries of food and drink reporting a huge spike in the customer numbers. Companies offering gin, cheese and coffee subscriptions have all reported big increases in customer numbers, as consumers unable to get …
Read More »Industry chiefs must learn from Intu’s calamity
Perhaps that explains why management struggled to face up to the severity of the crisis. An emergency rights issue came too late and secondary sites were sold off in dribs and drabs, when there should have been a giant “for sale” sign over every asset it owned Sure, the covenant …
Read More »Royal Mail should be broken up, says top City asset manager
Top City firm Alliance Bernstein has called for Royal Mail to be split up. At the moment Royal Mail has two arms, the UK Parcels, International and Letters division and General Logistics Systems (GLS) – a parcel delivery company based in Europe. Bernstein wants to see GLS sold, now that …
Read More »‘Czech sphinx’ Daniel Kretinsky speaks out over £150m Royal Mail stake
Stockbrokers believe the overseas arm GLS, seen as the “jewel in the crown” of Royal Mail’s business, is likely to most interest Mr Kretinsky. He said: “Similar to all other investments undertaken via Vesa Equity Investment, it also applies for Royal Mail that we join companies of whose fundamental value …
Read More »Helios towers hires NED from Royal Mail
Listed telecommunications tower infrastructure company Helios Towers has appointed Sally Ashford to its Board as a Non-Executive Director with immediate effect. Ashford also joins the London-headquartered firm as the designated Non-Executive Director for workforce engagement. The FTSE 250 firm operates an independent telecommunications infrastructure company in Africa, having established one …
Read More »Royal Mail may reduce postal services as more staff take sick leave | Business
Royal Mail has warned it may have to cut back on postal services as increasing numbers of its staff take sick leave. The company, which provides letter and parcel delivery services to 30m homes and businesses, said it had taken measures to limit contact in the workplace and with customers …
Read More »UK postal workers in plea for limit to non-essential deliveries | Business
Postal workers have called on Royal Mail and e-commerce sites to limit the amount of non-essential items they are being asked to deliver at a time when they are risking their health by turning up to work. Despite the UK government’s closure of non-essential retail outlets, e-commerce companies can continue …
Read More »Mill House Veterinary Surgery and Hospital in King’s Lynn sets out procedures in response to coronavirus
Lynn’s Mill House Veterinary Surgery and Hospital has said it’s there to help, but it has had to review the services it can offer due to the coronavirus pandemic. Human health and prevention of disease transmission is a priority, it said following the Government’s announcement that people should stay at …
Read More »Transport hub on track after Inverness mail sorting depot is sold
Keys to the sorting office in Strothers Lane were handed over last week. An ambitious plan to revolutionise transport in Inverness has taken a giant step forward. As exclusively revealed by the Inverness Courier three months ago, Network Rail has now purchased the former Royal Mail sorting office in the …
Read More »Amazon to suspend non-essential shipments to UK and US warehouses | Business
Online retail giant Amazon is stopping sellers from sending non-essential items to its UK and US warehouses until 5 April, to make space for vital items needed by its customers during the coronavirus outbreak. Amazon wrote to its third-party sellers, some of whom use the company’s logistics to store and …
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