UK diesel consumption fell by 3.2% in the financial year from 2023-2024 Diesel hovering just under 160p a litre, with high prices pushing people to petrol Petrol consumption rose 4.2%, but petrol cars are less fuel efficient By Freda Lewis-Stempel Updated: 22:00 EDT, 5 May 2024 UK diesel consumption fell by …
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By City & Finance Reporter Updated: 16:50 EDT, 5 May 2024 Eyes on the prize: Daniel Kretinsky is preparing to table a new takeover offer The billionaire bidding for the Royal Mail has insisted he would not slash any jobs if he succeeds. Daniel Kretinsky is preparing to table a new …
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32 consecutive months of net withdrawals from funds by private investors Savers took out more than £13.5bn in 2023 Exodus is terrible for UK stock market and wider economy By Ruth Sunderland for the Daily Mail Updated: 16:50 EDT, 5 May 2024 Ask a fund manager investing in UK shares …
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House prices fell for the second month in a row, according to Nationwide, with rising mortgage rates putting off many would-be buyers. The average UK home fell in value by 0.4 per cent in April, following a 0.2 per cent fall in March, according to Nationwide, taking account of seasonal effects. …
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By Alex Brummer for the Daily Mail Updated: 18:00 EDT, 30 April 2024 There is something dysfunctional about management and continuity at HSBC. Chief executive Noel Quinn, having spent seven months auditioning for the top job, has decided to quit after less than five years at the helm. Contrast this …
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By Jessica Clark Updated: 18:05 EDT, 30 April 2024 Cost cutting: Royal Mail’s owner IDS is calling on Ofcom to speed up a review and allow it to ‘urgently’ bring in sweeping changes The boss of Royal Mail’s owner has slammed ministers and regulators over their failure to reform the …
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By Emily Hawkins Updated: 18:15 EDT, 30 April 2024 AI boom: Amazon said revenues hit £115bn in the first three months of 2024 Amazon raked in sales of £1.25billion a day at the start of the year as it cashed in on demand for artificial intelligence technology. The company said …
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Investment trusts are subject to the UK’s ‘pernicious’ stamp duty regime This means savers pay a 0.5% levy when they buy shares in these trusts Trusts also charged 0.5% when they purchase shares in companies By Hugo Duncan Updated: 16:52 EDT, 28 April 2024 Britain must scrap the ‘double taxation’ …
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Government, which left Royal Mail so vulnerable, needs to push through reforms These would give current boss Martin Seidenberg a fighting chance New ownership, even if proprietor is benign, involves disruption and risk By Ruth Sunderland for the Daily Mail Updated: 17:06 EDT, 28 April 2024 Czech Sphinx: Businessman Daniel …
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A tale of a chief executive about to join a high-profile British company has gone down in City folklore. Before taking the reins, a trusted advisor asks him the rather awkward question of how much he thought he should be paid. ‘How much do you think I can get away …
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