“Second hand retail sites and apps have exploded over lockdown and we should thank younger shoppers for that,” says Mary-Leigh Bliss, a fashion analyst at YPlulse. “There have been enormous spikes in traffic and activity to sites like Depop during this pandemic. For young people growing up in the shadow …
Read More »Franchises to be scrapped as lockdown rail costs rise
Keith Williams, chairman of Royal Mail and ex-BA boss, was hired two years ago to conduct the biggest review of the railways since privatisation. Source link
Read More »Market report: LSE Group on the march after Euronext’s bid for Italian bourse
Divestment speculation gave a Friday boost to London Stock Exchange Group. The exchange operator rose after rival Euronext confirmed plans to submit an offer to buy Borsa Italiana, the Italian stock exchange, for an expected value of €3.5bn (£3.2bn) to €4bn. Euronext said further details would be announced when appropriate. …
Read More »Letters: Where is the evidence for the Government's lockdown threats and excoriation of the young?
SIR – Royal Mail's plan in the face of dwindling business involves charging more and providing less. That should surely fix the problem. Simon Watson Source link
Read More »Royal Mail in new pensions row
Royal Mail has been accused of flouting pensions equality standards, as the embattled postal service prepares to face investors next week without a permanent chief executive. Institutional Shareholder Services, the shareholder advice group, has raised concerns about top bosses getting higher pension contributions than new postal workers on the ground. Under …
Read More »Royal Navy called in to help tackle Channel migrant crisis
In a video conference call with Conservative MPs last week, Home Secretary Priti Patel was alleged to have said: “France is a racist country. They would rather come to England.” French politicians called the claims “hateful”, according to the Mail on Sunday, but sources close to Ms Patel sought to …
Read More »Market report: Oil giants hold blue-chip index steady
Hot on its heels was BT, which jumped 8.1p to 106.1p after Berenberg raised its outlook for the group’s shares. In a note to clients, analyst Carl Murdock-Smith wrote that sentiment about the telecoms group was “on its knees”, but added “its significant under-performance and scope for improved sentiment over …
Read More »Cost of job support schemes passes £40bn – live updates
'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
Read More »Royal Mint rejected plans for a commemoration coin marking 50th anniversary of the legalisation of homosexuality because it was not deemed ‘commerically viable’
The Royal Mint rejected plans to celebrate a landmark anniversary of the legalisation of homosexuality with a new coin, amid fears it wouldn’t be “commerically viable”, it has emerged. The Mint’s advisory committee reportedly met in 2015 to discuss the creation of a coin to commemorate 50 years since the …
Read More »Wake up early on Tuesday – BP’s divi decision could be the death knell for income investors
July has been the second bad month in a row for investors with the FTSE 100 index trading at lows not seen since late-May. But there were some significant winners last week for the Telegraph’s Fantasy Fund Managers. Pets at Home saw a share price increase of around 25pc and insurer …
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