A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register Shares down 2% Holding company to be renamed International Distributions Services Plc Executives say ready to talk over pay July 20 …
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Short-selling disclosure dents Royal Mail Bets against Royal Mail have backfired in spectacular fashion over recent years, but that’s not deterred one hedge fund from having another go. Disclosures show that Marshall Wace has taken a short position of five million shares, equivalent to 0.5% as it eyes the company’s …
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T he UK’s economic recovery has slowed by more than first thought, figures showed today. Third quarter GDP grew by 1.1% compared with the initial 1.3% estimate, having rallied by 5.4% in the April to June quarter due to the easing of Covid-19 restrictions. Despite the downward revision by the …
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The world has never been more indebted after a year of battling Covid-19. And there’s even more borrowing ahead. Governments, companies and households raised $24 trillion last year to offset the pandemic’s economic toll, bringing the global debt total to an all-time high of $281 trillion by the end of …
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