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Tag Archives: moneymarkets

Royal Mail boss quits after battle with unions

Royal Mail’s embattled boss resigns following long-running dispute with workers that plunged company into crisis Simon Thompson, who has been in charge for two years, will leave in October Firm in ‘advanced stages’ of appointing a replacement, it said By Calum Muirhead For The Daily Mail Published: 16:50 EDT, 12 …

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Royal Mail CEO Simon Thompson to step-down

Royal Mail CEO Simon Thompson to step-down following bitter dispute with Communication Workers Union Dispute raged for nearly a year before an agreement was met last month  Thompson resigns after a controversial two-year tenure at Royal Mail   By Mike Sheen For This Is Money Published: 07:08 EDT, 12 May 2023 …

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National Express changes its corporate name to ‘Mobico’

National Express rebrands as ‘Mobico’ as transport group becomes the latest firm to ditch its well-known name National Express to rename to Mobico from next month; ticker will be ‘MCG’ The new name ‘better reflects the group’s international nature’, it said It follows similar moves by Royal Mail and Standard …

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Babcock warns on hit from Royal Navy frigate contract

Babcock warns on £100m hit from Royal Navy frigate contract costs as inflation bites defence engineer In an update Babcock said it was seeking to claw back the extra costs involved The first ship, HMS Venturer, is expected to be completed in December this year  By Jane Denton For Thisismoney …

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Will the Czech Sphinx launch a bid for Royal Mail?

Will the Czech Sphinx launch a bid for Royal Mail? Tycoon ups his stake in parent group IDS but losses mount as disputes drag on By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 27 March 2023 | Updated: 17:53 EDT, 27 March 2023 Royal Mail’s biggest shareholder has …

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