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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German chemicals giant BASF transferred record £40m dividend from its British business at same time as it borrowed £1bn from taxpayers By Neil Craven, Financial Mail on Sunday Published: 16:51 EDT, 23 July 2022 | Updated: 17:37 EDT, 23 July 2022 German chemicals giant BASF transferred a record £40million dividend …
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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 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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Royal Mail losing £1MILLION a day as pandemic postal boom subsides and over 115,000 workers vote to go on strike in a dispute over pay Royal Mail sank to a £93m adjusted operating loss in the first quarter Over 115,000 Royal Mail workers have voted to strike over pay, CWU …
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MARKET REPORT: Aston Martin shaken and stirred over finance fears sending shares in the luxury car maker crashing to a record low By John Abiona For The Daily Mail Published: 17:12 EDT, 30 June 2022 | Updated: 20:19 EDT, 30 June 2022 Shares in Aston Martin crashed to a record …
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Shares in casino and bingo firm Rank plunged after it warned of rising costs and slow recovery. The FTSE 250 group, which owns the Grosvenor Casinos chain, lamented the lack of wealthy foreign customers returning to its London venues following Covid. The turnout in its Grosvenor casinos had improved since …
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Two of Britain’s top hospitality groups are celebrating the Platinum Jubilee celebrations. The City Pub Group, which runs 42 pubs in southern England and Wales, hailed ‘particularly strong’ sales last week as the bank holiday pushed like-for-like trade up by more than 20 per cent against 2019. It said: ‘Whilst …
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Postboxes up and down the country are sporting crocheted ‘toppers’ of Queens, crowns and corgis to celebrate the Jubilee. But Royal Mail, now a stock market company with thousands of small investors, traces its history back to a much earlier Monarch, Henry VIII, who appointed Sir Brian Tuke as the first …
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Wondering where your post has gone? Royal Mail probed by regulator Ofcom over delivery targets failures – as Unite union threatens strike action Ofcom has launched an investigation into Royal Mail post delivery delays Ofcom is gathering evidence to determine the significance of any breaches Unite union has warned of potential …
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