Royal Mail’s biggest shareholder rules out takeover bid for delivery group but warns it must ‘adapt’ to be successful By Daily Mail City & Finance Reporter Updated: 16:50 EDT, 28 May 2023 Royal Mail’s biggest shareholder has ruled out a takeover bid for the delivery group but warns it must …
Read More »Boss of Young’s pub chain says food inflation is ‘starting to ease’
Young’s boss says food inflation is ‘starting to ease’ as pub chain unveils upturn in annual profits and looks ahead to the Rugby World Cup Young’s boss Simon Dodd expects food inflation to be in single digits this year The pub chain group saw its revenue rise over 19% in …
Read More »Unions call off vote on Royal Mail pay deal amid allegations of a ‘toxic’ work environment
Unions call off vote on Royal Mail pay deal amid allegations of a ‘toxic’ work environment By Calum Muirhead For The Daily Mail Updated: 16:50 EDT, 24 May 2023 A union vote on a pay deal that could have ended the bitter dispute at the Royal Mail has been called …
Read More »Royal Mail investor Czech Sphinx to pocket £650m energy firm payout
Royal Mail investor Czech Sphinx set to pocket over £650m as energy firm cashes in on surging power prices By Calum Muirhead For The Daily Mail Updated: 17:21 EDT, 23 May 2023 A Czech billionaire with major stakes in Royal Mail is in line to pocket over £650million after his …
Read More »MARKET REPORT: Magners owner tumbles after £22m software fiasco
MARKET REPORT: C&C shares tumble after drinks company behind Magners warns it is likely to take a £22m hit after botched software upgrade By John Abiona For The Daily Mail Published: 16:50 EDT, 19 May 2023 | Updated: 16:50 EDT, 19 May 2023 Shares in C&C tumbled after the drinks …
Read More »Twitter’s new boss pledges shake-up
Twitter’s new chief-executive pledges to ‘transform’ the social media company alongside owner Elon Musk Linda Yaccarino will take on the top job in six weeks Yaccarino said she was excited to ‘transform this business together’ with Musk Twitter will hope Yaccarino can woo back advertisers who have paused spending By Emily …
Read More »Is Royal Mail ready for a delivery of bad news?
Royal Mail set for a critical week after boss Simon Thompson resigned just days before company plans to reveal cost of series of unprecedented strikes By Calum Muirhead, Financial Mail On Sunday Published: 16:51 EDT, 13 May 2023 | Updated: 16:51 EDT, 13 May 2023 Turbulent tenure: Chief executive Simon …
Read More »Royal Mail boss quits after battle with unions
Royal Mail’s embattled boss resigns following long-running dispute with workers that plunged company into crisis Simon Thompson, who has been in charge for two years, will leave in October Firm in ‘advanced stages’ of appointing a replacement, it said By Calum Muirhead For The Daily Mail Published: 16:50 EDT, 12 …
Read More »Royal Mail CEO Simon Thompson to step-down
Royal Mail CEO Simon Thompson to step-down following bitter dispute with Communication Workers Union Dispute raged for nearly a year before an agreement was met last month Thompson resigns after a controversial two-year tenure at Royal Mail By Mike Sheen For This Is Money Published: 07:08 EDT, 12 May 2023 …
Read More »National Express changes its corporate name to ‘Mobico’
National Express rebrands as ‘Mobico’ as transport group becomes the latest firm to ditch its well-known name National Express to rename to Mobico from next month; ticker will be ‘MCG’ The new name ‘better reflects the group’s international nature’, it said It follows similar moves by Royal Mail and Standard …
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