[ad_1] By JOHN-PAUL FORD ROJAS Updated: 17:08 EST, 2 January 2025 The pound hit its lowest level against the US dollar for nearly nine months yesterday as figures showed a ‘winter chill’ descending on UK manufacturers after Labour’s Budget. Sterling fell more than a cent to less than $1.24, its lowest since April 23, as…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:05 EST, 2 January 2025 Brompton boss Will Butler-Adams blamed a ‘really sad state of affairs’ in the global bicycle market as the wheels came off sales. Profits for the year to the end of last March were just £4,602 compared to £10.7million a year earlier. …
[ad_1] By THIS IS MONEY Updated: 05:39 EST, 30 December 2024 More than 400 pubs across England and Wales were demolished or converted to another use over the last year, fresh figures show. Government data analysed by commercial real estate specialist Altus Group shows the number of pubs across the country falling below 39,000 for…
[ad_1] Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security clearance from the UK…
[ad_1] The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing for an hour-and-a-half to…
[ad_1] Shares will provide a much-needed lift to City London on course for worst year for corporate exits since financial crisis Canal+ expected to secure value of up to £5bn when its shares begin trading By CALUM MUIRHEAD Updated: 22:07, 15 December 2024 French TV and film giant Canal+ will make its debut on the…
[ad_1] Cable said Ministers should be cautious about bid from Daniel Kretinsky Former Lib Dem Minister Cable was in charge of privatising Royal Mail in 2013 He sold it for £3.3 billion, or £3.30 a share By CALUM MUIRHEAD Updated: 16:53 EST, 14 December 2024 Labour has been warned this weekend not to wave through…
[ad_1] Royal Mail only delivered 74.7% of first-class mail on time last year Ofcom previously fined Royal Mail £5.6m for falling short of its targets By HARRY WISE Updated: 07:22 EST, 13 December 2024 Britain’s communications regulator has slapped Royal Mail with a fine for late deliveries for the second time since the pandemic. Ofcom…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:03 EST, 10 December 2024 Moonpig has sounded the alarm over Royal Mail deliveries ahead of Christmas. Moonpig’s chief executive Nickyl Raithatha has said he is in talks with the delivery company about service levels as many areas of the country are ‘struggling’ with the reliability…
[ad_1] By JESSICA CLARK Updated: 17:01 EST, 9 December 2024 The French production firm behind the Paddington films will list in London this month after investors approved the break-up of its parent company. In a boost for the City, Vivendi shareholders overwhelmingly voted in favour of the spin-off of Canal+ and other parts of the…