BUSINESS CLOSE: Inflation rate slows to 0.2%; Housebuilder Redrow reveals earnings slump; Zara owner returns to profit; pound at $1.30 By This Is Money Published: 08:06, 16 September 2020 | Updated: 17:16, 16 September 2020 The FTSE 100 closed down 27.06 points at 6078.48 and the pound was at $1.30 …
Read More »Royal Mail sends short-sellers packing as shares surge
Hedge funds caught out by Royal Mail’s share price rally as company surprises market with performance during coronavirus By Jamie Nimmo, Financial Mail On Sunday Published: 21:50, 12 September 2020 | Updated: 22:26, 12 September 2020 Hedge funds have been caught out by Royal Mail’s share price rally after the …
Read More »MARKET REPORT: Royal Mail rally delights shareholders
MARKET REPORT: Royal Mail rally is a rare delight for beleagured shareholders in the troubled postal service By Hugo Duncan for the Daily Mail Published: 21:52, 11 September 2020 | Updated: 22:19, 11 September 2020 It has been a torrid time for Royal Mail shareholders since the stock peaked at …
Read More »Former Tesco boss Terry Leahy a big winners in £5.4bn Hut float
The Hut Group millionaires: Former Tesco boss Terry Leahy among the big winners in online health and beauty group’s £5.4bn listing By Daily Mail City & Finance Reporter Published: 22:11, 10 September 2020 | Updated: 22:30, 10 September 2020 SirTerry Leahy has emerged as one of the major winners from …
Read More »BUSINESS LIVE: Royal Mail warns of a loss; JD Sports reports slump in profits
BUSINESS LIVE: Pound slips as EU trade deal wrangle resumes; Royal Mail warns of a loss; JD Sports reports slump in profits By This Is Money Published: 08:07, 8 September 2020 | Updated: 14:02, 8 September 2020 As Brexit negotiations recommence today, the FTSE is expected to continue rising. Investors …
Read More »Czech billionaire becomes largest Royal Mail shareholder
Billionaire known as the Czech Sphinx quietly becomes largest shareholder in Royal Mail By Jamie Nimmo, Financial Mail On Sunday Published: 21:53, 22 August 2020 | Updated: 21:53, 22 August 2020 The billionaire known as the Czech Sphinx has quietly become the largest shareholder in Royal Mail, heaping more pressure …
Read More »Parcels boost for Royal Mail as lockdown fuels internet shopping boom
Parcels boost for Royal Mail after virus lockdown fuelled internet shopping boom By Daily Mail City & Finance Reporter Published: 22:43, 21 July 2020 | Updated: 23:13, 21 July 2020 Royal Mail said parcel deliveries between March 30 and June 28 were 38 per cent higher than the same period …
Read More »IN THE MONEY: Outgoing Post Office boss Rico Back
IN THE MONEY: Outgoing Post Office boss Rico Back bagged £868,000 in his last full year in charge By Daily Mail City & Finance Reporter Published: 21:51, 17 July 2020 | Updated: 22:09, 17 July 2020 Royal Mail’s outgoing boss Rico Back bagged £868,000 in his last full year in …
Read More »Tesco investors reject chief’s £6.4m pay deal
Tesco shareholders inflict one of the biggest-ever FTSE 100 pay revolts on the supermarket group By Tom Witherow For The Daily Mail Published: 22:09, 26 June 2020 | Updated: 22:33, 26 June 2020 Tesco shareholders inflicted one of the biggest-ever FTSE 100 pay revolts on the supermarket group yesterday. More …
Read More »ALEX BRUMMER: Tata tests Sunak’s model with Port Talbot steel plant
When it comes to bailing out firms affected by Covid-19, Rishi Sunak is no pushover. As someone who spent much of his pre-Commons career in private equity, the Chancellor has a good grip on likely survival candidates, and will be keen to make sure all private sector options have been …
Read More »