[ad_1] 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 Miss Tweed reported on…
[ad_1] 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 creaking business community now…
[ad_1] By Harvey Dorset Updated: 11:41 EDT, 28 October 2024 Evri customers are the most dissatisfied with their experience of contacting customer services for help, according to an annual ranking of parcel firms. Some 39 per cent of Evri customers are dissatisfied with the contact processes of the firm, according to Ofcom’s annual Post Monitoring Report. …
[ad_1] By Jessica Clark Updated: 03:49 EDT, 27 October 2024 Czech billionaire Daniel Kretinsky looks set to buy Royal Mail owner International Distribution Services, pending a national security probe Royal Mail will take longer to deliver millions of business letters as part of a trial ahead of official changes to regulations. The Ofcom watchdog will consult…
[ad_1] By Charles White Thomson Updated: 06:50 EDT, 27 October 2024 Charles White Thomson is a senior fellow at the Adam Smith Institute and former investment company CEO The UK’s 2024 International Investment Summit raised £63 billion of private investment and 38,000 UK jobs ahead of the Budget. The investments include: wind and solar farms,…
[ad_1] Rising global uncertainty is pushing up gold prices, with silver prices in tow By Sam Barker Updated: 08:50 EDT, 23 October 2024 More women than ever are buying gold and silver, the Royal Mint has said, as gold prices hit record highs. The Royal Mint has recorded an increase in the proportion of women…
[ad_1] The Royal Mint says investors are turning away from gold bars for tax reasons By Sam Barker Updated: 07:19 EDT, 18 October 2024 Britons are buying up gold bullion coins instead of gold bars, the Royal Mint says, as prices spike and customers look to avoid rumoured rises to capital gains tax. The gold…
[ad_1] By Hugo Duncan Updated: 17:00 EDT, 17 October 2024 Shares in British pest control giant Rentokil Initial soared as investors welcomed progress in the turnaround of its troubled North American business. As well as reporting a steady 3.6 per cent rise in revenue to £1.4billion in the third quarter, the royal ratcatcher announced a…
[ad_1] By Jessica Clark Updated: 17:00 EDT, 16 October 2024 A US private equity giant is preparing to swoop on London-listed Tate & Lyle in a further blow to the City. Advent International is reportedly in the early stages of putting together a bid for the British ingredients supplier. While the Boston-based buyout group may…
[ad_1] Standard first-class postage will rise 30p to £1.65 – a 22.2% increase Fifth price hike in under three years Postage rise could lead to a ‘doom spiral of decline’ for Royal Mail By City & Finance Reporter Updated: 16:50 EDT, 6 October 2024 Businesses have warned that Royal Mail’s inflation-busting first-class stamp price hike…