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 …
Read More »Royal Mail bosses at war with unions as losses mount
Royal Mail warned it could split up its business as it loses £1million a day amid a pay row with trade unions. The post carrier said a break-up was on the cards unless it achieved ‘significant operational change’, adding it was considering ‘all options’ for its future. The company is …
Read More »Royal Mail losing £1MILLION a day and strike action looms
Royal Mail losing £1MILLION a day as pandemic postal boom subsides and over 115,000 workers vote to go on strike in a dispute over pay Royal Mail sank to a £93m adjusted operating loss in the first quarter Over 115,000 Royal Mail workers have voted to strike over pay, CWU …
Read More »Parcel firms must get better at handling complaints, Ofcom warns
Watchdog warns parcel firms must get better at handling complaints as it confirms plans to tighten-up rules New guidance, announced earlier this year, will be introduced in April 2023 Customers to be told exactly who to contact to make a complaint and how Parcel firms expected to tell customers how …
Read More »TONY HETHERINGTON: Why pay to be in UK Business Profiles directory?
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. R.H. writes: My wife and I run a small bed-and-breakfast in Devon, and …
Read More »MARKET REPORT: Aston Martin shaken and stirred over finance fears
MARKET REPORT: Aston Martin shaken and stirred over finance fears sending shares in the luxury car maker crashing to a record low By John Abiona For The Daily Mail Published: 17:12 EDT, 30 June 2022 | Updated: 20:19 EDT, 30 June 2022 Shares in Aston Martin crashed to a record …
Read More »Is it time for investors to be greedy when others are fearful yet?
Inflation at 9.1 per cent, ouch. That’s the official CPI figure, as revealed by the ONS yesterday, but many of our readers may consider the rise in the cost of living to be even more acute. For example, some favour the now non-official statistic but still used RPI measure, which …
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