Royal Mail also said it would be axing 700 managerial jobs as part of a reorganisation plan. Revenue in Q3 fell to £3.55bn, pushing revenue year to … Source link
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1) China Retail Sales (Oct) – 15/11 – The most recent China trade numbers showed that while exports remained strong, imports were still very much on the soft side, as weak demand continued to weigh on the domestic part of the Chinese economy. Retail sales in Q3 were in stark …
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A woman fills her vehicle with fuel, in Toronto, on Oct. 19. Evan Buhler/The Canadian Press Canadian inflation surged in September at the fastest pace since 2003 due to higher gas and housing costs, adding fuel to a boisterous debate over how long prices will rise rapidly. The consumer price …
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The focus in financial markets in the middle of the week will shift back towards Asia, where official statistics for consumer and factory prices are due out. Brexit negotiations and the tech slump in the States won’t be far from investors’ minds however. Also in the US, the Department of …
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The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) deficit has grown to £177m as at 31 March 2020, up from £72m at 31 March 2019. The scheme, which has been in place since 1 April 2018, is a transitional arrangement until Royal Mail’s proposed collective defined contribution (CDC) scheme …
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Notes/Observations -UK CPI headline and core miss forecasts -European Commission President Juncker says risk of a no-deal is palpable, as Barnier tells the UK to stop spending time pretending to negotiate -European Indices trading cautiously ahead of today’s FOMC rate meeting where rates are expected to be cut by 25bps …
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