Up to a third of firms on London’s junior stock market are vulnerable to a takeover next year as the City is set for a “major and sustained” deluge of swoops on UK stocks, an investment bank has warned. A report by Peel Hunt on the UK takeover outlook, titled …
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Royal Mail may soon cease Saturday deliveries for second class letters, with regulator Ofcom considering significant reforms to the postal service. As part of a review into the Universal Service Obligation (USO), which currently mandates Royal Mail to deliver letters six days a week and parcels five days a week, …
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More Britons are turning to cash to manage their budgets as prices soar, the Post Office said on Monday after it saw a record level of withdrawals over its counters in July. Personal cash withdrawals rose almost 8% month-on-month to 801 million pounds ($967 million), it said, noting it was …
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