It's rejecting Royal Mail's offer of a 2pc increase, describing their treatment as "despicable". If workers vote for the walkout, it could result … Source link
Read More »Royal Mail leads FTSE 100 rebound as it cuts 700 jobs
Good morning. There’s no shortage of news for Unilever at the moment. After its disastrous £50bn move on GSK’s consumer arm – which was firmly rebuffed by the pharmaceutical giant and lambasted by shareholders – it’s now planning to slash thousands of jobs. The cuts are said to target numerous …
Read More »Pound loses ground as Brexit talks go to the wire – live updates
Good morning. Retail data dominates the agenda today, with sales figures for November due out at 7am. They’re expected to show a contraction in spending last month, with a large number of retailers closed due to heightened restrictions in much of the UK. It’s scheduled to be quiet on corporate …
Read More »Retail rebound lost pace in August – live updates
Good morning. The latest official data on UK retail sales, set for release at 7am, is expected to show a slowdown during August amid the impact of the Treasury’s hugely-popular Eat Out to Help Out scheme. Elsewhere, it’s a typically quiet Friday, with European stocks expected to drift slightly lower …
Read More »Cost of job support schemes passes £40bn – live updates
'Czech Spinx' raises Royal Mail stake further. Daniel Kretinsky, the billionaire known as the Czech Sphinx, has upped his stake in Royal Mail again, … Source link
Read More »EU at 'moment of truth' as leaders begin crunch bailout talks – live updates
The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link
Read More »FTSE drops below 7,000 as virus rout continues – live updates
3) Wife of advertising tycoon Sir Martin Sorrell files for divorce: Lady Cristiana Falcone Sorrell and Sir Martin, former boss of advertising giant WPP, have been married for 12 years and have a young daughter. 4) Disney has announced the surprise early replacement of its chief executive Bob Iger, ending his 15-year run …
Read More »Inflation rises to six-month high – live updates
3) The failure to electrify thousands of miles of railway threatens Boris Johnson’s promise to make Britain the cleanest country on earth, industry leaders have warned. Rail chiefs have written to Transport Secretary Grant Shapps urging him to press on with electrification so that the industry can cut out carbon emissions by 2040. 4) Beales …
Read More »Stock markets start the year on a high as China raises spending
Royal Mail forecast a surge in returns of products bought online, with volumes predicted to be 72pc higher on January 2 than the average number of … Source link
Read More »Bank of England set to hold interest rate as it braces for Brexit — live updates
Coming up today Next, says Hargreaves Lansdown’s Emilie Stevens, “remains defiant in the face of the high street storm”. The company recently bucked the sector trend by upgrading its forecasts after rising sales. The retailer – like many of its rivals – is trying to move more of its sales …
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