[ad_1] Royal Mail returns an underlying profit for first time in three years By MIKE SHEEN, BUSINESS EDITOR Updated: 08:02 EDT, 1 September 2025 Royal Mail has returned an underlying profit for the first time in three years as bosses hailed an ‘important milestone in the company’s turnaround’. It follows the controversial £3.6billion takeover…
[ad_1] By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 17:07 EDT, 1 September 2025 Royal Mail’s parent company has demanded a ‘level playing field’ on tax with parcel delivery rivals after taking a major hit from Labour’s National Insurance hike. Michael Snape, finance director at International Distribution Services (IDS), lashed out at competitors who did…
[ad_1] By SIMON KUPFER Updated: 21:50, 3 August 2025 The boss of a skincare brand used by King Charles and Queen Camilla has warned that ‘you can feel the economy slowing down’ while Labour refuses to scrap the tourist tax. Deborah Mitchell (pictured with Camilla), whose company Heaven Health & Beauty sells nettle and bee…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:01 EDT, 30 July 2025 The Seraphine maternity brand favoured by the Princess of Wales has been saved by Next. The firm, whose dresses and other clothes were worn by Kate during her pregnancies, crashed into administration this month with the loss of 95 jobs after…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:02, 8 July 2025 The founder of one of the Princess of Wales’ favourite maternity fashion brands said she is ‘heartbroken’ over its collapse. Cecile Reinaud, who founded Seraphine in 2002, bemoaned that 20 years’ of work were wiped out after the retailer collapsed into administration…
[ad_1] In many countries around the world, the age at which someone can retire and claim a government pension is on the rise. In Britain, the state pension age will rise from 66 to 67 for men and women by 2028. Further rises have not been ruled out. According to a report from the Institute…
[ad_1] Investors approved EP Group’s £3.6bn takeover of owner IDS this month By MIKE SHEEN Updated: 03:39 EDT, 27 June 2025 Czech billionaire Daniel Kretinsky will become chairman of Royal Mail following confirmation of the postal service’s controversial takeover last month. Kretinsky, an energy tycoon nicknamed the ‘Czech Sphinx’ for his inscrutable approach to his…
[ad_1] Many Assura shareholders have opposed KKR’s prospective takeover offer By HARRY WISE Updated: 10:45 EDT, 23 June 2025 Assura has accepted a takeover offer from rival London-listed real estate investment trust Primary Health Properties (PHP) after a three-month bidding war. The healthcare buildings business backed the deal after PHP warned that a lower, rival…
[ad_1] By JESSICA CLARK Updated: 16:50 EDT, 20 June 2025 Royal Mail’s boss has quit weeks after the postal service fell into foreign hands for the first time in its 509-year history. In a move that caught the business world by surprise, Emma Gilthorpe left having been appointed chief executive a little over a year…
[ad_1] Prepare to say a long farewell to the birthday card, the thank-you note and the love letter. The get-well card is set for a terminal decline. Letter-writing has been a dwindling art for some time, but the takeover of the Royal Mail by Czech tycoon Daniel Kretinsky looks set to accelerate its demise. Home…