Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers’ union, the company said on Friday. Thompson, who was in the top job for just over two years, last month finally reached a deal with the Communication Workers Union o pay and conditions …
Read More »FedEx withdraws guidance, takes Royal Mail down with it
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Read More »Prince Harry settles with Mail on Sunday over ‘damaging’ Royal Marines article
Lifestyle 7 Jan, 2021 09:06 PM3 minutes to read Prince Harry has hit back at claims he abandoned his ties with the Royal Marines. Photo / Getty Images Prince Harry was “frustrated and saddened” by claims he “snubbed” the Royal Marines by stepping down as a senior royal, according to …
Read More »Debenhams to be wound down as JD Sports ends rescue talks
It was a grim day for the UK retail sector as beleaguered department store chain Debenhams was set to be liquidated following failed rescue talks with JD Sports, just hours after Philip Green’s Arcadia retail group went into administration. Debenhams said on Tuesday that it will continue to trade through …
Read More »FTSE 250 movers: AO World surges; Capco down on results
London’s FTSE 250 was up 0.5% at 18,077.60 in afternoon trade on Wednesday. Online electrical goods retailer AO World surged to the top of the index, with traders pointing to positive read-across from Asos, which said annual sales and profit were set to be “significantly ahead” of market expectations. Although …
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