Tag Archives: moneymarkets

Royal Mail’s masterplan for Sunday parcel boom: Bosses set to ramp up weekend deliveries in bid to dominate online shopping battleground Bosses have drawn up ‘road map’ that could build its Sunday proposition tenfold Group hails plan a ‘revolution’ similar to the end of Sunday trading restrictions  It would mark …

MARKET REPORT: Energy giants get an electric shock on reports that the Chancellor is drawing up plans for a windfall tax By Oliver Hail, Proactive Investors, For The Daily Mail Published: 18:03 EDT, 24 May 2022 | Updated: 18:54 EDT, 24 May 2022 It was an uncomfortable day for investors …

Royal Mail shares sink again as broker issues ‘sell’ downgrade amid growing cost pressures and weak forecasts Peel Hunt has slashed its target price for Royal Mail from 500p per share to 307p Royal Mail has raised the price of letters and parcels in response to rising costs Shares in …

Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s …

Mayfair-based hedge fund Marshall Wace emerges with a £100m bet against Tesco, Britain’s biggest supermarket By Francesca Washtell, Financial Mail On Sunday Published: 16:50 EDT, 21 May 2022 | Updated: 17:43 EDT, 21 May 2022 Mayfair-based hedge fund Marshall Wace has emerged with a £100million bet against Tesco, Britain’s biggest …

Former German Chancellor Gerhard Schroder steps down as director at Russia’s top crude oil producer Rosneft By Milo Pope For The Daily Mail Published: 16:50 EDT, 20 May 2022 | Updated: 03:44 EDT, 21 May 2022 Former German Chancellor Gerhard Schroder has stepped down as director at Russia’s top crude …

London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone.  Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …

Talks to avert first nationwide postal strike since privatisation enter crucial phase as Royal Mail prepares to unveil big jump in profits By Patrick Tooher, Financial Mail On Sunday Published: 16:52 EDT, 14 May 2022 | Updated: 16:52 EDT, 14 May 2022 Talks to avert the first nationwide postal strike …

MARKET REPORT: Mining shares in a hole as production slumps due to rising costs, labour shortages and extreme weather By Calum Muirhead For The Daily Mail Published: 21:50, 21 April 2022 | Updated: 21:50, 21 April 2022 Mining stocks weighed heavily on the FTSE 100 following a series of bleak …