Royal Mail is facing a national security investigation as a billionaire investor known as the “Czech sphinx” prepares to take control of more than a quarter of the business. Kwasi Kwarteng, the Business Secretary, has told the company that he “reasonably expects” Daniel Kretinsky to increase his shareholding to more …
Read More »Britain faces four days without post as 115,000 Royal Mail workers strike
Britain’s postal service faces days of paralysis with letters and prescription medicines undelivered after 115,000 Royal Mail workers announced they will strike in just over a fortnight. The Communication Workers’ Union on Tuesday said members up and down the country will launch industrial action on August 26 and 31, as …
Read More »Five stocks to buy and profit from the summer of strikes
Mr Burgeman added: “Greggs has been another victim of the economic pressures this year. The bakery chain warned about staff shortages in October and the shares are down more than 40pc.” However, market consensus suggests that investors could still profit off all three stocks’ potential to bounce back when …
Read More »G7 poised to cap Russian gas prices as it turns the screws on Putin – live updates
It's rejecting Royal Mail's offer of a 2pc increase, describing their treatment as "despicable". If workers vote for the walkout, it could result … Source link
Read More »Director dealings: Senior board member buys £26k of Kingfisher shares
B&Q owner Kingfisher was on the list of buys on Wednesday, after its senior independent director spent more than £26k on shares. The FTSE 100 retailer said Catherine Bradley bought 10,000 shares in an open market transaction on Tuesday. Bradley paid 261.7p for each share, spending a total of £26,170 …
Read More »Five stocks that have ruled as long as the Queen – and are still worth owning
Only a handful of listed British companies have been trading for as long as the Queen has been on the throne. They have survived seven decades of economic turbulence, proving their long-term ability to generate cash, but does that make them good investments? Household favourites Tom Stevenson, of the investment …
Read More »Royal Mail leads FTSE 100 rebound as it cuts 700 jobs
Good morning. There’s no shortage of news for Unilever at the moment. After its disastrous £50bn move on GSK’s consumer arm – which was firmly rebuffed by the pharmaceutical giant and lambasted by shareholders – it’s now planning to slash thousands of jobs. The cuts are said to target numerous …
Read More »JPMorgan puts Royal Mail on ‘Negative Catalyst Watch’, shares slump
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on ‘Negative Catalyst Watch’ ahead of the company’s next update on 10 February. “While we don’t expect a disappointment on revenue, this will be supported by Covid testing and so will reverse over time,” JPM said. “We also believe …
Read More »Aim stocks let investors down this year – knowing the rules is vital to saving inheritance tax
Chris Boxall, of Fundamental, said despite the disappointing figures, investors have made decent returns from some risky companies. He said: “It’s noticeable that all the top performers are early-stage companies which are not yet revenue generating and come from either the resources or life sciences sectors. “We are generally reluctant …
Read More »Royal Mail plc – Transaction in Own Shares
Royal Mail plc – Transaction in Own Shares. The Company announces that on 13 December 2021 it had purchased a total 183,506 of its ordinary shares of GBP0.01 each (the ‘ordinary shares’) on the London Stock Exchange, Cboe BXE and Cboe CXE, through the Company’s broker, Merrill Lynch International, as …
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