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 …
Read More »Royal Mail chief Simon Thompson set to step down within weeks
Royal Mail chief set to step down within weeks as firm looks to resolve long-running industrial dispute By Calum Muirhead For The Daily Mail Published: 16:55 EDT, 9 May 2023 | Updated: 16:55 EDT, 9 May 2023 Simon Thompson’s departure from Royal Mail may be the only way to draw …
Read More »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 …
Read More »Will your investments get a royal boost from the Coronation weekend?
Thousands of people will gather in London this weekend for the Coronation of King Charles, the first in 70 years. This influx of people will be good news for businesses – many of which are pinning their hopes on a boost in sales over the long weekend after a tough …
Read More »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 …
Read More »Hut chief Matt Moulding in fresh social media tirade over market woes
Matt Moulding has made no secret of his frustration since The Hut Group listed on the stock market in London three years ago – on one occasion saying the experience ‘just sucked from start to finish’. The beleaguered entrepreneur was at it again this week on social media, with another …
Read More »