moneymarkets

[ad_1] Royal Mail revives speculation it could split up, saying ‘all options remain open’ including separation after huge loss By Calum Muirhead For The Daily Mail Published: 16:53 EDT, 14 October 2022 | Updated: 17:11 EDT, 14 October 2022 Royal Mail has unveiled plans to slash up to 10,000 jobs as it swung to a huge…

[ad_1] Royal Mail set to tear up nine-year trade union deal as battle over the future of the business intensifies By Calum Muirhead For The Daily Mail Published: 17:18 EDT, 22 September 2022 | Updated: 17:24 EDT, 22 September 2022 Royal Mail has announced plans to rip up a nine-year deal with trade unions as…

[ad_1] Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, is set to deliver an emergency mini-budget on Friday to give more details about support to help ease the cost-of-living crisis. Prime Minister Liz Truss took office on 6 September and promised to immediately cut taxes and redouble efforts to promote economic growth. Many will be…

[ad_1] Royal Mail rejects trade union claims it held ‘secret talks’ claim over a possible private equity buyout By Daily Mail City & Finance Reporter Published: 16:56 EDT, 8 September 2022 | Updated: 17:58 EDT, 8 September 2022 Royal Mail has denied trade union claims that it is in ‘secret talks’ over a possible sale…

[ad_1] 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 past’ Demands made by…

[ad_1] 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 from its British business…

[ad_1] 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 business potential   By Jane…

[ad_1] 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 comprised of Royal Mail,…

[ad_1] 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 said By Jane Denton…