Royal Mail boss fights for job after being recalled by MPs to face a further grilling By Calum Muirhead For The Daily Mail Published: 17:34 EST, 24 January 2023 | Updated: 18:05 EST, 24 January 2023 The future of Royal Mail’s boss has been thrown into doubt after he was …
Read More »Royal Mail boss Simon Thompson set for return to face MPs
Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament By Daily Mail City & Finance Reporter Published: 16:50 EST, 22 January 2023 | Updated: 16:50 EST, 22 January 2023 Royal Mail boss Simon Thompson faces being hauled back in front of …
Read More »Households pay tab for £50bn of posties’ pensions
Households pay tab for £50bn of posties’ pensions: Liabilities were stealthily dumped on state when Royal Mail was privatised a decade ago By Patrick Tooher, Financial Mail On Sunday Published: 16:51 EST, 21 January 2023 | Updated: 16:51 EST, 21 January 2023 Hefty: Royal Mail pension liabilities Taxpayers are on …
Read More »Royal Mail investors to meet union bosses
Royal Mail investors to meet union bosses: Attempts to negotiate end to bitter industrial dispute that has paralysed business By Calum Muirhead For The Daily Mail Published: 16:55 EST, 20 January 2023 | Updated: 16:55 EST, 20 January 2023 Royal Mail investors will meet with trade union bosses next week …
Read More »Royal Mail boss blasted by MPs as losses head towards £750m
Beleaguered Royal Mail boss Simon Thompson blasted by MPs as losses head towards £750m By Calum Muirhead For The Daily Mail Published: 17:16 EST, 17 January 2023 | Updated: 17:16 EST, 17 January 2023 The boss of Royal Mail has been blasted by MPs over his running of the crisis-hit …
Read More »Jacob Rees-Mogg takes a hit as profits plunge at Somerset
Jacob Rees-Mogg takes a hit as profits plunge at Somerset: Investment firm suffers from downturn in global markets By Daily Mail City & Finance Reporter Published: 16:50 EST, 8 January 2023 | Updated: 16:50 EST, 8 January 2023 Slump: Somerset Capital was co-founded by Jacob Rees-Mogg in 2007 Jacob Rees-Mogg’s …
Read More »Temple Bar Investment Trust delivers 76% return under new managers
TEMPLE BAR INVESTMENT TRUST: Managers raise the Bar . . . as fund delivers a 76% return UK equity income-focused trust is now run by Ian Lance and Nick Purves The £840million fund has delivered a 76% return since October 2020 The big ‘bets’ fall into three camps – energy …
Read More »Royal Mail slump ‘vindicates’ £3.3bn sale price, says Vince Cable
Royal Mail slump ‘vindicates’ £3.3bn sale price, says former business secretary Vince Cable By Calum Muirhead For The Daily Mail Published: 16:55 EST, 5 January 2023 | Updated: 16:55 EST, 5 January 2023 The crisis at Royal Mail ‘vindicates’ the Government’s decision to sell it for £3.3billion, according to former …
Read More »Royal Mail braced for £650m loss as it is crippled by strike action
Royal Mail braced for £650m loss as postal service is crippled by strike action and declining letter numbers By Calum Muirhead For The Daily Mail Published: 18:25 EST, 3 January 2023 | Updated: 18:25 EST, 3 January 2023 Royal Mail looks set for losses of nearly £650million after a horrid …
Read More »Royal Mail too confrontational over postal strikes, says ex-boss
Royal Mail too confrontational over postal strikes, says ex-boss: Rico Back believes that board has wasted time and ‘not executed properly’ By Daily Mail City & Finance Reporter Published: 16:50 EST, 1 January 2023 | Updated: 17:15 EST, 1 January 2023 The former chief executive of Royal Mail has criticised …
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