There is something of a mystery going on at the Royal Mail — but nothing to do with the recent Post Office scandal. Rather it involves a surge in ‘counterfeit’ stamps and a hefty £5 penalty for those who receive (and accept) mail posted using one. Money Mail has been …
Read More »British Land strikes joint venture with Royal London for former Meta HQ
Deal will see Royal London pay £192.5m for 50% stake in 1 Triton Square The office in Euston used to be leased by Facebook owner Meta By Daniel Fessahaye Updated: 07:25 EDT, 18 March 2024 British Land has sold half its stake in the Euston office building that was formerly …
Read More »Royal floor designer Victoria confirms 1,170 job cuts as sales dwindle
Victoria dates back to 1895 and holds a Royal Warrant By Jane Denton Updated: 11:54 EDT, 13 March 2024 Royal floor maker Victoria has cut 1,170 jobs, equating to 16 per cent of its workforce, as the London-listed group continues to suffer weak demand. Geoff Wilding, the group’s chairman, acknowledged …
Read More »I passed out in Lanzarote and spent three days in hospital having a pacemaker fitted. Now my travel insurer is refusing to pay the £8,500 bill: SALLY SORTS IT
While on holiday in Lanzarote in May last year, I fell ill and passed out. I was taken to hospital where over the following three days I went from intensive care to having a pacemaker fitted, before being discharged. The day after, I contacted Insure and Go, my travel insurer, …
Read More »MARKET REPORT: Another sales fall sparks rollercoaster ride at THG
MARKET REPORT: Another sales fall sparks rollercoaster ride at THG By John Abiona Updated: 17:33 EDT, 17 October 2023 It was a rollercoaster ride for investors in THG as it posted another fall in revenues despite under-pressure boss Matt Moulding insisting that ‘progress had been made on numerous fronts’. The …
Read More »Royal Mail delivering post less than once a week, say furious households
Royal Mail is delivering post less than once a week in some towns and cities across Britain, it has emerged. Hospital appointment letters, birthday cards, parcels and important bills have all gone missing in delays caused by a staffing crisis. In one city, households say they’re receiving mail as infrequently …
Read More »Czech Sphinx Daniel Kretinsky bags £220m dividend in energy bonanza
Czech Sphinx Daniel Kretinsky bags £220m dividend in energy bonanza By Calum Muirhead Updated: 16:50 EDT, 7 October 2023 Czech Sphinx: Daniel Kretinsky A Czech tycoon with major stakes in Royal Mail and West Ham United is set to pocket nearly £220 million as his European energy conglomerate cashes in on …
Read More »INVESTING EXPLAINED: What you need to know about scrip dividends
INVESTING EXPLAINED: What you need to know about scrip dividends By City & Finance Reporter Updated: 16:50 EDT, 6 October 2023 In this series, we bust the jargon and explain a popular investing term or theme. Here it’s scrip dividends. This sounds a bit Dickensian We get that, but the …
Read More »ALEX BRUMMER: Hunt keeps his powder dry by holding back on tax cuts
ALEX BRUMMER: Hunt keeps his powder dry by holding back on tax cuts By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 2 October 2023 Enthusiastic tax cutters looking for red meat in Jeremy Hunt’s Tory Party address were always going to be disappointed. The Chancellor has been signalling …
Read More »MARKET REPORT: Traders upbeat on Ocado after robot wars victory
MARKET REPORT: Traders upbeat on Ocado after robot wars victory By John Abiona Updated: 17:01 EDT, 18 September 2023 Ocado shot up the FTSE 100 index as the City remained upbeat over its prospects. Ahead of the blue-chip online supermarket’s quarterly results today, Jefferies raised its target price on the stock …
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