By Jessica Clark Updated: 16:50 EDT, 24 May 2024 Royal Mail’s owner yesterday insisted the postal service is back on track despite missing delivery targets and losing nearly £1m a day over the past year. The results came days before a crunch deadline that could see the 508-year-old firm fall …
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By Alex Brummer for the Daily Mail Updated: 16:50 EDT, 24 May 2024 The wheels of commerce spin ever faster with a rush of FTSE 350 takeover bids. But the General Election campaign will usher in a period of regulatory purdah. The effort by Czech billionaire Daniel Kretinsky to swallow …
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For me, the costs firmly don’t outweigh the benefits. Let’s assume that you’re able to invest an extra £10,000 per year by living miserably now in hopes of a brighter future (bear in mind the average full-time salary in the UK is around £35,000 and that’s before tax). The S&P …
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By Emily Hawkins Updated: 17:00 EDT, 21 May 2024 Taking the cake: Lidl sales in the three months to May 12 were 9.4% higher than the same period a year earlier Lidl won a record share of the grocery market this spring while arch-rival Aldi lost ground. As a fierce …
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Royal Mail disclosed the total number of penalties issued after Labour MP Liam Byrne, who is chairman of the Business and Trade Committee, wrote to the firm’s new chief executive Emma Gilthorpe demanding answers in light of the public concern. However in his response to the Committee, acting chief executive …
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By Daily Mail City & Finance Reporter Updated: 17:00 EDT, 21 May 2024 XP Power revealed it has turned down three offers from US rival Advanced Energy Industries Shares in XP Power rose nearly 50 per cent after it became the latest London-listed company to be targeted by foreign bidders. …
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By Emily Hawkins Updated: 17:00 EDT, 21 May 2024 The greetings card industry has sounded the alarm over the proposed £3.5billion foreign takeover of Royal Mail. Small business operators are calling for a ‘national, reliable, affordable’ service to be protected as fears mount over the future of the 508-year-old firm. …
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By Daily Mail City & Finance Reporter Updated: 17:00 EDT, 21 May 2024 Outcry: Tesla boss Elon Musk is in line for a record £44bn pay package A group of Tesla investors are urging shareholders to reject a record £44billion pay package for chief executive Elon Musk. Shareholders in the …
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In a country where cash has long been king, fintech innovators are at last shaking up old habits. Matthew Brett, manager of The Baillie Gifford Japan Trust, tells Joji Sakurai about three disrupters loosening the grip of the country’s traditional megabanks. As with any investment, your capital is at risk. …
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By Jessica Clark Updated: 17:01 EDT, 20 May 2024 A video game firm has become the latest London-listed company to be targeted by foreign buyers. Keywords Studios yesterday said it would accept a £2billion offer from Swedish buyout giant EQT. A deal would see the Aim-listed firm leave London’s stock …
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