'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 »Market report: 'Czech sphinx' increases his lion's share in Royal Mail
… have raised speculation that he may soon begin actively trying to influence the group's future direction. Royal Mail shares rose 2p to 184p on Friday. 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 »Investors demand FTSE companies pay the Living Wage
News Julia Irvine 28 Nov 2019 03:16pm A group of 21 large institutional investors has written to 15 FTSE 350 company chief executives setting out the business case for paying the real living wage The investors – who include Legal & General Investment Management, …
Read More »FTSE falls as trade view deteriorates; Royal Mail sinks
The main index shed 0.7pc as financial stocks and oil firms dropped amid a fresh row between the two countries after US legislation. The mid-cap FTSE 250 slid 0.8pc, as Royal Mail’s plunge more than offset a 6pc rise in Direct Line. London’s FTSE 100 fell further on Thursday as …
Read More »Market report: Growing profit figure at Games Workshop sees it hit shares record
Games Workshop shares hit a record high a quarter of a century after making their market debut after the miniature wargame manufacturer forecast a sharp increase in profit. The maker of Warhammer fantasy figurines led the FTSE 250 risers and closed almost a fifth higher at £53.75, up 869p. In …
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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