Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. S.M. writes: I was medically retired from Royal Mail in 2015, after 32 …
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By HUGO DUNCAN Updated: 18:00 EDT, 27 March 2025 Foreign predators are swooping on British companies at a rate not seen for three years. In a report that will fuel concerns over low valuations in the UK, the London Stock Exchange Group (LSEG) said the value of bids from overseas …
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By MIKE SHEEN Updated: 09:12 EDT, 26 March 2025 Morrisons has boosted its medium-term savings target to £1billion, as the supermarket faces growing costs and the lingering impact of a major cyber security incident. The retailer’s chief executive Rami Baitiéh has previously warned of an ‘avalanche of costs’ arrising from …
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The Royal Mint has today launched a new series of commemorative coins celebrating the life and work of John Lennon. The uncirculated £5 coins, which will go on sale from 9am, can be purchased from the Royal Mint starting from £18.50. There are a number of variations of the coin available …
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By MARK SHAPLAND Updated: 17:50 EDT, 15 March 2025 James Daunt, the boss of Waterstones, this weekend said the London stock exchange is an attractive market for retail businesses, raising hopes the bookseller will stage a float in the City. Daunt, who also runs US bookshop Barnes & Noble, told …
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By JESSICA CLARK Updated: 17:50 EDT, 14 March 2025 The boss of Asda has warned there is no quick fix at the crisis-hit supermarket as sales continue to fall after its private equity takeover four years ago. Executive chairman Allan Leighton said profits will be ‘materially’ lower this year as …
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There are retailers we really want to succeed. Marks & Spencer, John Lewis and Boots are in this category, as legacy firms with a strong heritage which fell on hard times. Under the guidance of chairman Archie Norman and, latterly, chief executive Stuart Machin, M&S is turning itself around. Fashion …
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The cost of a first-class stamp will rise to £1.70 from 7 April, representing an increase of 3 per cent or 5p from the current level. Today marks the sixth rise in first class stamp prices in just three years. International Distribution Services, the owner of Royal Mail, also announced …
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By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:00 EST, 5 March 2025 Delays: Czech tycoon Daniel Kretinsky’s EP Group, struck a deal to buy Royal Mail owner International Distribution Services last year The £3.6billion takeover of the owner of Royal Mail by the ‘Czech Sphinx’ is set to be …
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Britain’s Big Four banks are again at the centre of a compensation crisis. The lenders face the likelihood of being compelled to meet their share of a £44billion bill to cover consumer redress for the past selling of car finance. Lloyds alone may have to pay out £3billion, leading its …
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