Revenues rose 2.4% across Royal Mail in three months to the end of December By JANE DENTON Updated: 10:36 EST, 15 January 2025 The owner of Royal Mail said it remained on track to return to annual profit after a parcel boost over Christmas. The update was revealed as the …
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By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:15 EST, 14 January 2025 The sale of Royal Mail cleared another hurdle last night after European and American regulators approved a £3.6billion takeover. International Distribution Services (IDS), which owns the postal service, said the deal has been cleared by the European …
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Alliance Pharma said its investors would receive 62.5p per share under the deal DBAY believes the cost of Alliance’s public listing impacts its long-term growth By HARRY WISE Updated: 08:44 EST, 10 January 2025 Alliance Pharma has agreed to a £350million takeover by its biggest shareholder, asset management group DBAY …
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By GEOFF HO Updated: 16:51 EST, 3 January 2025 US Steel’s £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US president’s decision to block the sale to …
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Senior figures line up to urge Rachel Reeves to ditch ‘pernicious tax’ Fears it is deterring investment in UK Low valuations leave companies on UK stock market vulnerable to predators By HUGO DUNCAN Updated: 21:50, 3 January 2025 Britain must axe stamp duty on share trading to revive the flagging …
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By JOHN-PAUL FORD ROJAS Updated: 17:08 EST, 2 January 2025 The pound hit its lowest level against the US dollar for nearly nine months yesterday as figures showed a ‘winter chill’ descending on UK manufacturers after Labour’s Budget. Sterling fell more than a cent to less than $1.24, its lowest …
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By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:05 EST, 2 January 2025 Brompton boss Will Butler-Adams blamed a ‘really sad state of affairs’ in the global bicycle market as the wheels came off sales. Profits for the year to the end of last March were just £4,602 compared to …
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By THIS IS MONEY Updated: 05:39 EST, 30 December 2024 More than 400 pubs across England and Wales were demolished or converted to another use over the last year, fresh figures show. Government data analysed by commercial real estate specialist Altus Group shows the number of pubs across the country …
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Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …
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The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing …
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