Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, is set to deliver an emergency mini-budget on Friday to give more details about support to help ease the cost-of-living crisis. Prime Minister Liz Truss took office on 6 September and promised to immediately cut taxes and redouble efforts to promote economic …
Read More »MARKET REPORT: Shares in Royal Mail plunge
MARKET REPORT: Shares in FTSE 250 postal group Royal Mail plunge after broker paints bleak outlook for future By John Abiona For The Daily Mail Published: 16:50 EDT, 16 September 2022 | Updated: 16:50 EDT, 16 September 2022 Shares in Royal Mail plunged after a broker painted a bleak outlook …
Read More »A Yodel driver broke my £4k gate – why won’t it pay to fix it?
A Yodel driver damaged my home’s gate in June last year when delivering a parcel. It is electric, but the automatic opening and closing is turned off on one of the two gates. It’s an old model that doesn’t have a safety stop if something is blocking it, and as …
Read More »The rush for Royal keepsakes: Prices soar as nation honours the Queen
The Queen’s death last Thursday marked the end of an era in British history. And as millions reflect on her momentous life, many are keen to secure keepsakes and collectibles. Google searches for ‘Royal memorabilia’ rocketed by 100 per cent on Friday morning as newspapers packed with moving obituaries hit …
Read More »Royal Mail rejects trade union claims it held ‘secret buyout talks’
Royal Mail rejects trade union claims it held ‘secret talks’ claim over a possible private equity buyout By Daily Mail City & Finance Reporter Published: 16:56 EDT, 8 September 2022 | Updated: 17:58 EDT, 8 September 2022 Royal Mail has denied trade union claims that it is in ‘secret talks’ …
Read More »Royal Mail faces £1bn showdown with union
Royal Mail faces £1bn showdown with union: As company loses £1m a day, CWU barons demand more pay for doing less work Series of strikes looming at Royal Mail as UK’s summer of discontent worsens Postal giant claims it is being held to ransom by a union ‘stuck in the …
Read More »NatWest issues student scam alert: These are the fraud warning signs they need to know
NatWest has issued an urgent scam alert, after it found that half of all UK students had been targeted by fraudsters in the past academic year. The alarming statistics were revealed in its 2022 Student Living Index, due to be released on Friday. According to its findings, fraudsters have resorted …
Read More »Which stocks are most exposed to summer of strikes and staff shortages?
Many companies are struggling to appease disgruntled workforces amid mounting inflation and pressure for higher pay. Even if staff are not outright threatening industrial action, firms are finding it harder to recruit people or retain them if wages – or sometimes simply work conditions – look more attractive elsewhere. Investing …
Read More »BASF sent £40m dividend to Germany as it took £1bn in Covid loan
German chemicals giant BASF transferred record £40m dividend from its British business at same time as it borrowed £1bn from taxpayers By Neil Craven, Financial Mail on Sunday Published: 16:51 EDT, 23 July 2022 | Updated: 17:37 EDT, 23 July 2022 German chemicals giant BASF transferred a record £40million dividend …
Read More »Mike Ashley’s Frasers Group delivers bumper profit surge
Frasers Group shrugs off demand squeeze and supply chain woes with expectations of bumper profits ahead Frasers Group has swung to a bumper profit for the past year, figures show Group hailed strong performance despite ‘significant increase in running costs Retailer said the cost of living crisis could hit its …
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