By Leah Montebello Updated: 18:10 EDT, 2 April 2024 Royal Mail has named a senior Heathrow executive as its next boss – just as it hikes the price of stamps for the third time in a year. Emma Gilthorpe, who is the airport’s chief operating officer, will join the delivery …
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Deal will see Royal London pay £192.5m for 50% stake in 1 Triton Square The office in Euston used to be leased by Facebook owner Meta By Daniel Fessahaye Updated: 07:25 EDT, 18 March 2024 British Land has sold half its stake in the Euston office building that was formerly …
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Victoria dates back to 1895 and holds a Royal Warrant By Jane Denton Updated: 11:54 EDT, 13 March 2024 Royal floor maker Victoria has cut 1,170 jobs, equating to 16 per cent of its workforce, as the London-listed group continues to suffer weak demand. Geoff Wilding, the group’s chairman, acknowledged …
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MARKET REPORT: Another sales fall sparks rollercoaster ride at THG By John Abiona Updated: 17:33 EDT, 17 October 2023 It was a rollercoaster ride for investors in THG as it posted another fall in revenues despite under-pressure boss Matt Moulding insisting that ‘progress had been made on numerous fronts’. The …
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Czech Sphinx Daniel Kretinsky bags £220m dividend in energy bonanza By Calum Muirhead Updated: 16:50 EDT, 7 October 2023 Czech Sphinx: Daniel Kretinsky A Czech tycoon with major stakes in Royal Mail and West Ham United is set to pocket nearly £220 million as his European energy conglomerate cashes in on …
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MARKET REPORT: Traders upbeat on Ocado after robot wars victory By John Abiona Updated: 17:01 EDT, 18 September 2023 Ocado shot up the FTSE 100 index as the City remained upbeat over its prospects. Ahead of the blue-chip online supermarket’s quarterly results today, Jefferies raised its target price on the stock …
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Royal Mail urged to shape up if Saturday post is axed By Calum Muirhead Updated: 17:14 EDT, 9 September 2023 Royal Mail must invest in improving services if it scraps Saturday post, according to Sir Vince Cable. The former Business Secretary, who led the group’s privatisation in 2013 under the …
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Offshore trust loophole hides oligarchs’ cash Treasury says it is against identifying beneficiaries of trusts without consultation Surprise move follows the introduction of transparency rules Offshore firms with property in England and Wales must name ultimate owner By Patrick Tooher Published: 16:50 EDT, 13 August 2023 | Updated: 16:50 EDT, …
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Royal Mail owner appoints new chief exec after year of union disputes and heavy losses By Calum Muirhead Updated: 16:54 EDT, 20 July 2023 The parent of Royal Mail has appointed insider Martin Seidenberg its group chief executive as it embarks on a dramatic overhaul. Seidenberg has been promoted to …
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Royal Mail revenues slip as parent group IDS names new CEO Announcement continues downturn in results which saw £1 billion loss last year GLS CEO Martin Seidenberg announced as new group CEO By Daniel Fessahaye Updated: 05:40 EDT, 20 July 2023 Royal Mail parent group International Distributions Services has named …
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