By CALUM MUIRHEAD Updated: 17:01 EST, 21 November 2024 Royal Mail has warned of more price hikes as a result of the Chancellor’s National Insurance raid. Martin Seidenberg, head of parent company International Distribution Services (IDS), said it would need to raise prices to offset a £120million hit from measures …
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By JANE DENTON Updated: 05:50 EST, 21 November 2024 Further Royal Mail price hikes could be on the cards after the owner of the postal service flagged greater cost pressures arising from the Autumn Budget. International Distribution Services said it could not rule out price hikes and greater use of …
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By CALUM MUIRHEAD Updated: 17:19 EST, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their …
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By LIVE COMMENTARY Updated: 06:44 EST, 20 November 2024 Consumer price inflation accelerated to its highest level since April last month, fresh data from the Office for National Statistics shows. The Consumer Price Index rose to 2.3 per cent in October from 1.7 per cent in September, higher than the …
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By CALUM MUIRHEAD Updated: 22:19, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their members …
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By CALUM MUIRHEAD Updated: 16:50 EST, 16 November 2024 The biggest employers in Britain are facing a £1 billion tax bombshell after they were left reeling by Labour’s plan to hike National Insurance contributions. Some of the best-known firms, which between them provide jobs for more than 1 million people, …
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By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:00 EST, 11 November 2024 The significance of Britain’s trade with the US cannot be underestimated. A long sought after free-trade deal is elusive despite the best efforts of former Business Secretary, now Tory leader, Kemi Badenoch. The debate in Britain foolishly …
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As the holiday season looms into view, Royal Mail is joining M&S, Sainsbury’s, Aldi et al in the advertising battle for Christmas revenues. Britain’s postal delivery service is involved in an existential fight. Owner International Distribution Services (IDS) finds itself under intense regulatory scrutiny following the board’s decision to sell-out …
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A Miss Tweed article said Bernard Arnault was ‘keen to see such a deal happen’ Burberry’s value has declined significantly over the past 18 months By HARRY WISE Updated: 08:56 EST, 4 November 2024 Italy’s Moncler is reportedly considering a takeover bid for struggling British luxury icon Burberry. Fashion website …
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The reverberations from Wednesday’s Budget continue – and they are not good ones. As much as I hate to say this, it looks like the country is heading for the buffers – plagued by anaemic economic growth, weighed down by a bloated and inefficient public sector, and undermined by a …
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