Royal Mail is increasing the cost of posting letters and parcels for businesses over Christmas and imposing a net zero “green surcharge”. In a move that risks increasing costs for shoppers, business account customers will be asked for an additional 5p or 10p “peak surcharge” for deliveries between November and …
Read More »Hunt’s plans for Canada-style pension pots risk leaving savers worse off
However, superior returns may only arise in very old age, according to research commissioned by the Association for British Insurers, an industry trade body. Its model found that if a worker starts saving into a CDC scheme at the age of 30, by their 75th birthday they would have an …
Read More »Royal Mail urged to shape up if Saturday post is axed
Royal Mail urged to shape up if Saturday post is axed By Calum Muirhead Updated: 17:14 EDT, 9 September 2023 Royal Mail must invest in improving services if it scraps Saturday post, according to Sir Vince Cable. The former Business Secretary, who led the group’s privatisation in 2013 under the …
Read More »Why don’t Premium Bonds winners ever seem to come from the Channel Islands or Isle of Man?
Why don’t Premium Bonds winners ever seem to come from the Channel Islands or Isle of Man? The Channel Islands and Isle of Man are grouped into ‘overseas’ Due to NS&I rules they can’t report winners from Isle of Man or Channel Islands By Helen Kirrane Updated: 05:02 EDT, 29 …
Read More »Offshore trust loophole hides oligarchs’ cash
Offshore trust loophole hides oligarchs’ cash Treasury says it is against identifying beneficiaries of trusts without consultation Surprise move follows the introduction of transparency rules Offshore firms with property in England and Wales must name ultimate owner By Patrick Tooher Published: 16:50 EDT, 13 August 2023 | Updated: 16:50 EDT, …
Read More »JEFF PRESTRIDGE: Why Britain’s very own Warren Buffett plans to go on and on
Good fund managers are few and far between. Even rarer are those who remain on top of their game for a sustained period. Last week, I spoke to Nick Train, of asset manager Lindsell Train, who has been at the helm of investment trust Finsbury Growth & Income since late …
Read More »How to sort out a late relative’s estate, and force tardy banks to hand over cash
Stephen Gold: Probate document bears the seal of the High Court of Justice and a pretty little silver wafer seal, though the paper is flimsy – but what can you expect for £273? Stephen Gold is a retired judge and author who recently acted as executor for his beloved late …
Read More »Can I swap my old-style stamps despite only new barcode ones being valid from 31 July?
Can I swap my old-style stamps despite only new barcode ones being valid from 31 July? Barcoded stamps are replacing normal stamps from Monday, July 31 People recieving the old stamps face fines for getting post past this deadline The Royal Mail is urging Britons to use up or swap …
Read More »‘My Tag Heuer watch went missing but Royal Mail says I’m to blame’
Dear reader, You’re adamant that your watch was stolen, but Royal Mail seemed to be insinuating that your lazy packaging efforts might have caused the watch to fall out of its own accord and become lost somewhere within its vast system. I asked you for pictures of the opened package, as …
Read More »Royal Mail owner appoints new chief exec after year of union disputes and heavy losses
Royal Mail owner appoints new chief exec after year of union disputes and heavy losses By Calum Muirhead Updated: 16:54 EDT, 20 July 2023 The parent of Royal Mail has appointed insider Martin Seidenberg its group chief executive as it embarks on a dramatic overhaul. Seidenberg has been promoted to …
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