UK extends wage support scheme until March amid new lockdown
[ad_1] UK extends wage support scheme until March amid new lockdown … the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. [ad_2] Source link
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PRESS DIGEST-British Business – Oct. 26
[ad_1] 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 apprehended seven stowaways after…
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UPDATE 1-UK Stocks-Factors to watch on Sept 8
[ad_1] (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 by a jump in…
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UPDATE 2-UK’s Royal Mail ships more parcels, fewer letters during lockdown
[ad_1] * 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 online shopping, but letter…
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UPDATE 1-Royal Mail ships more parcels as sales move online in lockdown
[ad_1] (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 union resistance to a…
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UK Stocks-Factors to watch on July 2
[ad_1] 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 said on Wednesday. *…
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PRESS DIGEST-British Business – June 26
[ad_1] 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 double its initial investment…
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UK Stocks-Factors to watch on March 18
[ad_1] 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 external candidate could get…
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Royal Mail’s CWU members vote in favour of strike action
[ad_1] 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 6% pay rise, which…
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UPDATE 2-UK stocks slip as virus fears quell risk appetite
[ad_1] * 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 perceived risky assets as…
