Good fund managers are few and far between. Even rarer are those who remain on top of their game for a sustained period. Last week, I spoke to Nick Train, of asset manager Lindsell Train, who has been at the helm of investment trust Finsbury Growth & Income since late …
Read More »‘My Tag Heuer watch went missing but Royal Mail says I’m to blame’
Dear reader, You’re adamant that your watch was stolen, but Royal Mail seemed to be insinuating that your lazy packaging efforts might have caused the watch to fall out of its own accord and become lost somewhere within its vast system. I asked you for pictures of the opened package, as …
Read More »Elon Musk may have finally lost the plot
“There’s absolutely no limit to this transformation. X will be the platform that can deliver, well….everything. @elonmusk and I are looking forward to working with our teams and every single one of our partners to bring X to the world,” Yaccarino went on. The scary part is that this stream …
Read More »The Tories prophesying doom should make way for more hopeful candidates
It takes a brave candidate to contest a by-election for any party of government that has been in power for a long time. Stepping in for a charismatic prime minister, toppled by his own colleagues, to fight a tough contest in a corner of a capital city that defaults to …
Read More »Sending a package to Northern Ireland is the signal for a near riot in an obscure committee
“It’s bent!” shouted Mark Francois. “Bent!” And with that verdict, the Second Delegated Legislation Committee descended into a wild riot of affronted dignity and unparliamentary language. How did we get here? This obscure committee was set to wave through something thrilling called the Postal Packets (Miscellaneous Amendments) Regulations 2023 – …
Read More »Royal Mail has no more excuses to avoid fixing its failing business
The problem is that the USO can only be scrapped with Parliament’s say-so and it is refusing to play ball, business minister Kevin Hollinrake has announced. “As you will be aware, we currently have no plans to change the minimum requirements of the universal postal service,” he said in a …
Read More »Royal Mail’s boss Simon Thompson was bullied out by militant unions
The Labour MP has built up something of a following on the Left for his perceived skewering of company bosses during his time overseeing the business select committee but the impression was that he had already made up his mind about the Royal Mail chief. This was reinforced by the …
Read More »Battle royal to lift growth, says ALEX BRUMMER
Battle royal to lift growth, says ALEX BRUMMER: In spite of the resilience of services sector, there is industrial and economic disruption everywhere you look Growth is proving heavy lifting against a background of double-digit inflation Using tax cuts as a quick fix to encourage expansion is not enough What …
Read More »Royal Mail is in crisis – and there are no easy answers
Margaret Thatcher famously left the Royal Mail out of her privatisation sights in the 1980s. She felt its monarchical connections and distinguished history going back to the creation of Master of the Posts in 1516 gave it a unique position. It had been in public ownership since 1635 and possessed …
Read More »Royal Mail workers are living in a 1970s dream world
After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the …
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