Cost-cutting has resulted in about 55 bank and building society branch closures every month since 2015, according to Which? The Post Office does not currently own or operate any of the 2,000 ATMs at its branches, which are run by Bank of Ireland. As part of its new plan it will …
Read More »United Nations should be reformed to ‘address global challenges ahead’, says Foreign Secretary
Mr Raab added: “The world needs the UN. And on this anniversary we should remember it, and commit to strengthening multilateralism for the next 75 years.” The Foreign Secretary’s comments come after a speech by Boris Johnson to the UN general assembly last month, in which he said the world’s …
Read More »is Audi fire risk a good reason to cancel my lease?
If your car has developed a fault, or for consumer advice, turn to Honest John by emailing honestadvice@telegraph.co.uk Underground line I have a leased Audi A4 TFSI and received a letter stating a recall is due, because of a problem with the starter/alternator. It warned against leaving the car in …
Read More »Wind of change blowing through Royal Mail as top investor gives stamp of approval for shake-up
Italy provides a more recent example. Despite being privatised after Royal Mail, in 2014, the business has flourished. Parcels are now delivered seven days a week. Since being floated it has overtaken, rather than fallen behind, its rivals. Royal Mail, meanwhile, is looking to shorten its current six-day delivery schedule when …
Read More »Royal Mail eyes PM’s £800m home Covid tests contract
The Government’s testing regime has come under pressure in recent weeks amid reports testing centres have been overwhelmed by demand. Mr Williams said: “[Moonshot] is an opportunity for Royal Mail to show what we can do after the rapid change of the postal market in 2020. “We have challenges, but …
Read More »Ocado depot plan in London derailed by locals’ intervention
Ocado has lost the right to open a new depot in north London after the local council ruled that a planning application was misleading. The news emerged after Labour councillors in the area welcomed the move by the authorities in Islington. The decision could be a major setback for Ocado’s …
Read More »Retail rebound lost pace in August – live updates
Good morning. The latest official data on UK retail sales, set for release at 7am, is expected to show a slowdown during August amid the impact of the Treasury’s hugely-popular Eat Out to Help Out scheme. Elsewhere, it’s a typically quiet Friday, with European stocks expected to drift slightly lower …
Read More »Market Report: Rolls shares endure fresh turbulence
Another top mid-cap performer was Royal Mail, up 12.3p at 242.3p, on hopes that the postal sector will be a pandemic winner as consumers continue … Source link
Read More »Market report: Lockheed deal gives BAE a lift
Fellow mid cap Royal Mail wiped out most of Friday's gains, dropping 8.7p to 225p after hitting a one-year high last week following a strong … Source link
Read More »Next’s dividend and negative interest rates could shape the market this week
The FTSE 350 crept up 1pc last week whilst European and American markets fluctuated. Oil prices remained on the back foot at the end of a volatile week, staying below $40 (£31.20) per barrel, an important threshold for both oil stocks and major oil producing countries. Gold prices only shone intermittently …
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