[ad_1] By Leah Montebello Updated: 04:11 EDT, 16 May 2024 Royal Mail is just the latest British company to be targeted by foreign buyers this year with the value of bids from overseas topping £60billion. In one of the most dramatic days in the 508-year history of the postal service, parent company International Distribution Services…
[ad_1] By Leah Montebello Updated: 17:22 EDT, 14 May 2024 Daniel Kretinsky – known as the Czech Sphinx – has until 5pm today to walk away or make a bid for Royal Mail’s parent company IDS The future of Royal Mail hangs in the balance as the deadline looms for a Czech billionaire to make…
[ad_1] By York Membery Updated: 16:52 EDT, 11 May 2024 Gerald Seymour shot to fame with Harry’s Game, his gripping 1970s book set against a backdrop of the Northern Ireland Troubles, which became a hit TV drama, writes York Membery. Several of the 82-year-old’s other thrillers – including The Glory Boys and Red Fox –…
[ad_1] By Jessica Clark Updated: 17:09 EDT, 7 May 2024 BP’s boss insisted the oil giant has no plans to leave the London stock market as first quarter profits tumbled. Chief executive Murray Auchincloss yesterday said leaving the City is not on the agenda. It comes as Auchincloss faces pressure to close the valuation gap…
[ad_1] UK diesel consumption fell by 3.2% in the financial year from 2023-2024 Diesel hovering just under 160p a litre, with high prices pushing people to petrol Petrol consumption rose 4.2%, but petrol cars are less fuel efficient By Freda Lewis-Stempel Updated: 22:00 EDT, 5 May 2024 UK diesel consumption fell by almost a billion litres…
[ad_1] By City & Finance Reporter Updated: 16:50 EDT, 5 May 2024 Eyes on the prize: Daniel Kretinsky is preparing to table a new takeover offer The billionaire bidding for the Royal Mail has insisted he would not slash any jobs if he succeeds. Daniel Kretinsky is preparing to table a new takeover offer ahead of…
[ad_1] 32 consecutive months of net withdrawals from funds by private investors Savers took out more than £13.5bn in 2023 Exodus is terrible for UK stock market and wider economy By Ruth Sunderland for the Daily Mail Updated: 16:50 EDT, 5 May 2024 Ask a fund manager investing in UK shares what is his or…
[ad_1] House prices fell for the second month in a row, according to Nationwide, with rising mortgage rates putting off many would-be buyers. The average UK home fell in value by 0.4 per cent in April, following a 0.2 per cent fall in March, according to Nationwide, taking account of seasonal effects. The fall came from…
[ad_1] By Alex Brummer for the Daily Mail Updated: 18:00 EDT, 30 April 2024 There is something dysfunctional about management and continuity at HSBC. Chief executive Noel Quinn, having spent seven months auditioning for the top job, has decided to quit after less than five years at the helm. Contrast this with the record of…
[ad_1] By Jessica Clark Updated: 18:05 EDT, 30 April 2024 Cost cutting: Royal Mail’s owner IDS is calling on Ofcom to speed up a review and allow it to ‘urgently’ bring in sweeping changes The boss of Royal Mail’s owner has slammed ministers and regulators over their failure to reform the postal service. International Distributions…