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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A digital postage company has secured £600,000 following an oversubscribed funding campaign, as it moves towards a commercial launch. Stamp Free offers a phone-based alternative to traditional mailing and returns. The Ratho-based business raised the funds at a pre-investment valuation of £4m – double the £2m valuation at its seed …
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Fidji Simo, Director of Product at Facebook Frederick M. Brown | Getty Images Instacart is adding two tech heavyweights to its small board ahead of an expected IPO this year. Fidji Simo, who is the executive in charge of the Facebook app, and Barry McCarthy, former CFO at Spotify and …
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Rob and Sarah Grand and son, Joshua, two. The couple, from Sheringham, have launched a new business selling clothes online. Picture: Supplied by Rob Grand Archant A furloughed chef and his wife have spent their spare lockdown hours cooking up a new venture – a home delivery service for children’s …
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