Tag Archives: Pound

'Czech Spinx' raises Royal Mail stake further. Daniel Kretinsky, the billionaire known as the Czech Sphinx, has upped his stake in Royal Mail again, … Source link

The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link

3) Wife of advertising tycoon Sir Martin Sorrell files for divorce: Lady Cristiana Falcone Sorrell and Sir Martin, former boss of advertising giant WPP, have been married for 12 years and have a young daughter. 4) Disney has announced the surprise early replacement of its chief executive Bob Iger, ending his 15-year run …

3) The failure to electrify thousands of miles of railway threatens Boris Johnson’s promise to make Britain the cleanest country on earth, industry leaders have warned. Rail chiefs have written to Transport Secretary Grant Shapps urging him to press on with electrification so that the industry can cut out carbon emissions by 2040. 4) Beales …

Royal Mail forecast a surge in returns of products bought online, with volumes predicted to be 72pc higher on January 2 than the average number of … Source link

A Labour Government would wipe £367bn off the value of Britain’s listed companies and send the pound plunging, economists warned ahead of Thursday’s General Election as polls showed the race is too close to call. The party’s plan to hike business taxes to one of the highest rates in the western world …

The slowdown in dividend payouts by the world’s biggest companies continued in the third quarter as waning profit growth hit shareholder payouts. Investors are bracing for further headwinds in 2020 as the global economic picture darkens. The US-China trade war is thwarting economic growth, and major economies such as the …

Games Workshop shares hit a record high a quarter of a century after making their market debut after the miniature wargame manufacturer forecast a sharp increase in profit. The maker of Warhammer fantasy figurines led the FTSE 250 risers and closed almost a fifth higher at £53.75, up 869p. In …

Coming up today Next, says Hargreaves Lansdown’s Emilie Stevens, “remains defiant in the face of the high street storm”. The company recently bucked the sector trend by upgrading its forecasts after rising sales. The retailer – like many of its rivals – is trying to move more of its sales …

Hedge fund billionaire Crispin Odey has hit back at criticism that he is betting against Britain, arguing that he has ended his wager against the pound and has invested several hundred million pounds in UK companies.  Mr Odey told The Sunday Telegraph that he was “no longer short on the …