RUTH SUNDERLAND: Danger of a hair shirt Budget – taxing aspiration is a tax on human nature Two enormous challenges lie in wait for Jeremy Hunt and Rishi Sunak in Budget The first is restoring credibility to the public finances The second, and even more important challenge, is to ignite …
Read More »Czech Sphinx Daniel Kretinsky rubbing his hands over Royal Mail
Special delivery: Daniel Kretinsky can raise his stake in Royal Mail above 25 per cent At the sporting events where they are spotted together, Daniel Kretinsky and Anna Kellnerova could easily blend into the crowd. But the bespectacled 47-yearold lawyer and his much younger showjumper girlfriend are one of the …
Read More »Czech billionaire cleared to swoop on Royal Mail
The Czech Sphinx with an eye for energy and football: Billionaire Daniel Kretinsky cleared to swoop on Royal Mail as national security probe is called off Kretinsky controls 22% of Royal Mail parent company IDS ‘No further action’ would be taken against him should he increase his stake By Calum …
Read More »Government clears Czech billionaire to increase his stake in Royal Mail
Government clears Czech billionaire’s plan to increase his 22% stake in Royal Mail after national security probe Daniel Kretinsky looks set to be allowed to up his stake in Royal Mail In August, the Government said it would launch a national security probe Today, International Distributions Services – the new …
Read More »Now you can’t even swap your stamps at the Post Office
Now you can’t even swap your stamps at the Post Office as Royal Mail blames ‘security reasons’ By Laura Purkess For The Daily Mail Published: 17:14 EDT, 25 October 2022 | Updated: 17:14 EDT, 25 October 2022 Royal Mail has warned customers that they cannot swap their old-style stamps at …
Read More »Profit warnings soar to highest level since the financial crisis
Profit warnings soar to highest level since the financial crisis: A total of 86 statements downgrading profit forecasts were issued over third quarter By Daily Mail City & Finance Reporter Published: 16:50 EDT, 23 October 2022 | Updated: 16:50 EDT, 23 October 2022 Profit warnings from UK companies have hit …
Read More »Swap old stamps so you are not left out of pocket
Swap old stamps for the latest barcoded versions so you are not left out of pocket By Laura Purkess For The Daily Mail Published: 17:01 EDT, 18 October 2022 | Updated: 17:01 EDT, 18 October 2022 People are being urged to exchange old stamps for the latest barcoded versions to …
Read More »Top firms embroiled in pension bailout storm: BP, Rolls-Royce and Royal Mail
Top firms embroiled in pension bailout storm: BP, Rolls-Royce and Royal Mail using funding strategy blamed for meltdown in bond market Schemes have LDIs designed to protect against interest rate/inflation spikes Widespread use sparked recent sell-off in Government bonds, known as gilts Full extent of reliance on LDIs by schemes …
Read More »Royal Mail revives speculation it could split up
Royal Mail revives speculation it could split up, saying ‘all options remain open’ including separation after huge loss By Calum Muirhead For The Daily Mail Published: 16:53 EDT, 14 October 2022 | Updated: 17:11 EDT, 14 October 2022 Royal Mail has unveiled plans to slash up to 10,000 jobs as it …
Read More »Royal Mail set to tear up nine-year trade union deal
Royal Mail set to tear up nine-year trade union deal as battle over the future of the business intensifies By Calum Muirhead For The Daily Mail Published: 17:18 EDT, 22 September 2022 | Updated: 17:24 EDT, 22 September 2022 Royal Mail has announced plans to rip up a nine-year deal …
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