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Tag Archives: moneymarkets

What could happen in the 2022 mini-Budget?

Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, is set to deliver an emergency mini-budget on Friday to give more details about support to help ease the cost-of-living crisis. Prime Minister Liz Truss took office on 6 September and promised to immediately cut taxes and redouble efforts to promote economic …

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MARKET REPORT: Shares in Royal Mail plunge

MARKET REPORT: Shares in FTSE 250 postal group Royal Mail plunge after broker paints bleak outlook for future By John Abiona For The Daily Mail Published: 16:50 EDT, 16 September 2022 | Updated: 16:50 EDT, 16 September 2022 Shares in Royal Mail plunged after a broker painted a bleak outlook …

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Royal Mail faces £1bn showdown with union

Royal Mail faces £1bn showdown with union: As company loses £1m a day, CWU barons demand more pay for doing less work Series of strikes looming at Royal Mail as UK’s summer of discontent worsens Postal giant claims it is being held to ransom by a union ‘stuck in the …

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Mike Ashley’s Frasers Group delivers bumper profit surge

Frasers Group shrugs off demand squeeze and supply chain woes with expectations of bumper profits ahead Frasers Group has swung to a bumper profit for the past year, figures show Group hailed strong performance despite ‘significant increase in running costs Retailer said the cost of living crisis could hit its …

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Royal Mail bosses at war with unions as losses mount

Royal Mail warned it could split up its business as it loses £1million a day amid a pay row with trade unions. The post carrier said a break-up was on the cards unless it achieved ‘significant operational change’, adding it was considering ‘all options’ for its future. The company is …

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