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Tag Archives: thisismoney

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 …

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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 …

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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 …

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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 …

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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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Battle royal to lift growth, says ALEX BRUMMER

Battle royal to lift growth, says ALEX BRUMMER: In spite of the resilience of services sector, there is industrial and economic disruption everywhere you look Growth is proving heavy lifting against a background of double-digit inflation  Using tax cuts as a quick fix to encourage expansion is not enough  What …

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Babcock warns on hit from Royal Navy frigate contract

Babcock warns on £100m hit from Royal Navy frigate contract costs as inflation bites defence engineer In an update Babcock said it was seeking to claw back the extra costs involved The first ship, HMS Venturer, is expected to be completed in December this year  By Jane Denton For Thisismoney …

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