In late June I completed the paperwork to transfer my child’s Isa from Nationwide to NS&I. NS&I acknowledged the application, but, a month later, there was still no sign of the new account. Nationwide told me it had sent the funds by cheque on 14 July and claimed NS&I does …
Read More »BUSINESS LIVE: Inflation dives to 0.2%; Redrow profits slump 66%
BUSINESS CLOSE: Inflation rate slows to 0.2%; Housebuilder Redrow reveals earnings slump; Zara owner returns to profit; pound at $1.30 By This Is Money Published: 08:06, 16 September 2020 | Updated: 17:16, 16 September 2020 The FTSE 100 closed down 27.06 points at 6078.48 and the pound was at $1.30 …
Read More »Next’s dividend and negative interest rates could shape the market this week
The FTSE 350 crept up 1pc last week whilst European and American markets fluctuated. Oil prices remained on the back foot at the end of a volatile week, staying below $40 (£31.20) per barrel, an important threshold for both oil stocks and major oil producing countries. Gold prices only shone intermittently …
Read More »Royal Mail sends short-sellers packing as shares surge
Hedge funds caught out by Royal Mail’s share price rally as company surprises market with performance during coronavirus By Jamie Nimmo, Financial Mail On Sunday Published: 21:50, 12 September 2020 | Updated: 22:26, 12 September 2020 Hedge funds have been caught out by Royal Mail’s share price rally after the …
Read More »MARKET REPORT: Royal Mail rally delights shareholders
MARKET REPORT: Royal Mail rally is a rare delight for beleagured shareholders in the troubled postal service By Hugo Duncan for the Daily Mail Published: 21:52, 11 September 2020 | Updated: 22:19, 11 September 2020 It has been a torrid time for Royal Mail shareholders since the stock peaked at …
Read More »Former Tesco boss Terry Leahy a big winners in £5.4bn Hut float
The Hut Group millionaires: Former Tesco boss Terry Leahy among the big winners in online health and beauty group’s £5.4bn listing By Daily Mail City & Finance Reporter Published: 22:11, 10 September 2020 | Updated: 22:30, 10 September 2020 SirTerry Leahy has emerged as one of the major winners from …
Read More »BUSINESS LIVE: Royal Mail warns of a loss; JD Sports reports slump in profits
BUSINESS LIVE: Pound slips as EU trade deal wrangle resumes; Royal Mail warns of a loss; JD Sports reports slump in profits By This Is Money Published: 08:07, 8 September 2020 | Updated: 14:02, 8 September 2020 As Brexit negotiations recommence today, the FTSE is expected to continue rising. Investors …
Read More »Czech billionaire becomes largest Royal Mail shareholder
Billionaire known as the Czech Sphinx quietly becomes largest shareholder in Royal Mail By Jamie Nimmo, Financial Mail On Sunday Published: 21:53, 22 August 2020 | Updated: 21:53, 22 August 2020 The billionaire known as the Czech Sphinx has quietly become the largest shareholder in Royal Mail, heaping more pressure …
Read More »Royal Mint scrapped plans for commemorative coin marking 50th anniversary of LGBT+ law
A commemorative coin to mark 50 years since homosexuality was partially decriminalised in the UK was considered to be ‘commercially unviable’ by Royal Mint bosses. The coin would have been produced in 2017 to coincide with the 50th anniversary of the passing of the 1967 Sexual Offences Act. However, plans …
Read More »Royal Mint rejected coin marking legalisation of gay sex
The Royal Mint rejected plans for a commemorative coin marking 50 years since the partial decriminaliation of homosexuality in England and Wales due to a perceived “lack of appeal”, according to newly-released documents. The government-owned producer of coins in the UK briefly considered introducing a limited edition coin celebrating 50 …
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