UK extends wage support scheme until March amid new lockdown … the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. Source link
Read More »UK extends wage support scheme until March amid new lockdown
PRESS DIGEST-British Business – Oct. 26
Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
Read More »UPDATE 1-UK Stocks-Factors to watch on Sept 8
(Adds futures, news items) Sept 8 (Reuters) – Britain’s FTSE 100 index is seen opening 5 points higher at 5,942 on Tuesday, according to financial bookmakers, with futures seen up 0.4% ahead of cash market open. * ROYAL MAIL: Royal Mail raised its revenue target for the current year, driven …
Read More »UPDATE 2-UK’s Royal Mail ships more parcels, fewer letters during lockdown
* Parcel volume up 38%, letters drop 33% * Says restructuring plans underway * Reiterates outlook for 2020-21 (Rewrites throughout, adds detail, shares) By Yadarisa Shabong and Pushkala Aripaka July 21 (Reuters) – Britain’s Royal Mail said its parcel shipments rose 38% in April-June as lockdowns drove a surge in …
Read More »UPDATE 1-Royal Mail ships more parcels as sales move online in lockdown
(Adds details on volumes, context) July 21 (Reuters) – Britain’s Royal Mail said on Tuesday it had shipped 117 million more parcels in the June-ended quarter than last year, as people and businesses shifted to online sales during the coronavirus-led lockdown. The company has had a turbulent few years with …
Read More »UK Stocks-Factors to watch on July 2
July 2 (Reuters) - Britain's FTSE 100 index is seen opening 30 points higher on Thursday, according to financial bookmakers. * ROYAL MAIL: Royal Mail and its largest labour union have agreed to start talks to settle a long-running dispute over pay and operational changes, the former British postal monopoly …
Read More »PRESS DIGEST-British Business – June 26
June 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – Huawei has won planning permission to build a new research hub in Cambridgeshire and announced it will …
Read More »UK Stocks-Factors to watch on March 18
March 18 (Reuters) - Britain's FTSE 100 index is seen opening 136 points lower on Wednesday, according to financial bookmakers. * HSBC: HSBC Holdings has appointed Noel Quinn as chief executive officer, handing the insider and interim boss the reins of Europe's biggest bank and ending months of speculation an …
Read More »Royal Mail’s CWU members vote in favour of strike action
March 17 (Reuters) – Royal Mail, one of the world’s oldest postal services, said on Tuesday it was “disappointed” that 94.5% of its workers with Communication Workers Union (CWU) voted in favour of a strike action. The union members’ move to strike comes a few weeks after Royal Mail’s proposed …
Read More »UPDATE 2-UK stocks slip as virus fears quell risk appetite
* FTSE 100, FTSE 250 down 0.4% * New coronavirus cases tick up * Daejan outshines market on buyout offer (Adds news items, updates to close) By Shashwat Awasthi and Muvija M Feb 21 (Reuters) – UK shares fell on Friday as investors took measures to reduce their exposure to …
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