A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a ‘financial services manifesto’ released by …
Read More »FTSE 250 lifted by M&A activity, Royal Mail deal
(Alliance News) – Stock prices in London opened higher on Monday, with the large-cap FTSE 100 index boosted by commodity stocks and the mid-cap FTSE 250 lifted by prospective dealmaking. The FTSE 100 opened up 41.10 points, 0.5%, at 7,913.01. The FTSE 250 was up 149.87 points, 0.8%, at 19,392.56, …
Read More »European markets open to close, data, news and earnings
The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …
Read More »Sunday newspaper round-up: Sky-high electricity prices, Royal Mail, Olaf Scholz
Royal Mail is facing a summer of discontent as its union demands with a potential price tag of £1bn, even as it calls for shorter working weeks … Source link
Read More »Real estate brokerage Royal LePage cuts Canadian home price forecast for 2022
Royal LePage is cutting its expectations for the growth in home prices this year after it says prices in the second quarter fell compared with the first three months of the year. The real estate brokerage says it now expects the aggregate price of a home in Canada in the …
Read More »Thursday newspaper round-up: Business start-up funding, food prices, Royal Mail
Labour has launched a review of business startup funding driven by a group of industry leaders including the former Goldman Sachs chief economist and Conservative Treasury minister Jim O’Neill as it attempts to improve its credentials with business. Announcing the review amid concern over the strength of the British economy, …
Read More »European markets digest latest euro zone, UK inflation data
LONDON — European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook. The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CAC 40 down 3 points at 7,155 and Italy’s FTSE …
Read More »European markets react as U.S. sees rate induced sell-off
LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …
Read More »How much are first and second class stamps and where can I buy them?
AS coronavirus restrictions prevents many of us from seeing our loved ones this Christmas, many of us will be relying on the Royal Mail to deliver our cards to loved ones. But the postal service is warning that a huge surge in demand due to the pandemic is likely to …
Read More »The Hut prices IPO at £5 a share
Its offer will be the biggest since Royal Mail's privatisation in 2013. The Hut, based in Manchester, owns the Lookfantastic beauty website and sports … Source link
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