Jacob Rees-Mogg takes a hit as profits plunge at Somerset: Investment firm suffers from downturn in global markets By Daily Mail City & Finance Reporter Published: 16:50 EST, 8 January 2023 | Updated: 16:50 EST, 8 January 2023 Slump: Somerset Capital was co-founded by Jacob Rees-Mogg in 2007 Jacob Rees-Mogg’s …
Read More »Royal Mail slump ‘vindicates’ £3.3bn sale price, says Vince Cable
Royal Mail slump ‘vindicates’ £3.3bn sale price, says former business secretary Vince Cable By Calum Muirhead For The Daily Mail Published: 16:55 EST, 5 January 2023 | Updated: 16:55 EST, 5 January 2023 The crisis at Royal Mail ‘vindicates’ the Government’s decision to sell it for £3.3billion, according to former …
Read More »Royal Mail braced for £650m loss as it is crippled by strike action
Royal Mail braced for £650m loss as postal service is crippled by strike action and declining letter numbers By Calum Muirhead For The Daily Mail Published: 18:25 EST, 3 January 2023 | Updated: 18:25 EST, 3 January 2023 Royal Mail looks set for losses of nearly £650million after a horrid …
Read More »Royal Mail too confrontational over postal strikes, says ex-boss
Royal Mail too confrontational over postal strikes, says ex-boss: Rico Back believes that board has wasted time and ‘not executed properly’ By Daily Mail City & Finance Reporter Published: 16:50 EST, 1 January 2023 | Updated: 17:15 EST, 1 January 2023 The former chief executive of Royal Mail has criticised …
Read More »Perfume Shop hails record Christmas week as gift sets boost sales
Perfume Shop hails record Christmas week as designer fragrances and gift sets boost sales By Daily Mail City & Finance Reporter Published: 16:50 EST, 29 December 2022 | Updated: 16:50 EST, 29 December 2022 The Perfume Shop hailed a record Christmas week after sales of its products soared despite Royal …
Read More »Royal Mail issues stark warning as workers prepare to strike again
Stricken Royal Mail ‘fighting for its life’: Bosses issue stark warning as postal workers prepare to stage yet more strikes By Calum Muirhead For The Daily Mail Published: 16:50 EST, 22 December 2022 | Updated: 17:01 EST, 22 December 2022 Royal Mail bosses have warned that it is in a …
Read More »Investor known as the ‘Czech Sphinx’ raises his stake in Royal Mail
Secretive investor known as the ‘Czech Sphinx’ raises his stake in Royal Mail parent company to 23.2% By Calum Muirhead For The Daily Mail Published: 16:50 EST, 21 December 2022 | Updated: 16:50 EST, 21 December 2022 An investor known as the Czech Sphinx has upped his stake in the …
Read More »MARKET REPORT: New blow to Royal Mail as strikes take their toll
MARKET REPORT: New blow to Royal Mail as postal workers prepare for another wave of strikes sending shares crashing 3.9% By John Abiona For The Daily Mail Published: 16:57 EST, 12 December 2022 | Updated: 16:57 EST, 12 December 2022 Shares in the owner of Royal Mail fell again as …
Read More »Moonpig lowers revenue guidance following Royal Mail strikes
Moonpig shares plunge after greeting cards group slashes revenue guidance as Royal Mail strikes hamper deliveries Moonpig now expects to post around £320m in revenue this financial year Further strikes by Royal Mail employees are expected on six days in December Hargreaves Lansdown analyst: ‘Ultimately, the market is nervous about …
Read More »Royal Mail facing Xmas axe by firms
Royal Mail facing Xmas axe by firms: Retailers rush to ensure key festive sales period not scuppered by strike action By Daily Mail City & Finance Reporter Published: 16:50 EST, 4 December 2022 | Updated: 17:06 EST, 4 December 2022 Royal Mail could see multiple firms stop using its parcel …
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