By ALEX BRUMMER Updated: 04:48 EST, 14 December 2024 Bank of England watchers are convinced the Monetary Policy Committee will sit on its hands next week when it sets interest rates for the last time this year. If, as governor Andrew Bailey says, the Bank is data-driven, it has little …
Read More »Ofcom fines Royal Mail £10.5m for late deliveries
Royal Mail only delivered 74.7% of first-class mail on time last year Ofcom previously fined Royal Mail £5.6m for falling short of its targets By HARRY WISE Updated: 07:22 EST, 13 December 2024 Britain’s communications regulator has slapped Royal Mail with a fine for late deliveries for the second time …
Read More »How to buy the best UK shares at a cheap price: INVESTING SHOW
By THIS IS MONEY Updated: 11:14 EST, 11 December 2024 There may be a lot of negativity surrounding the UK economy but companies are performing well, says Kepler Trust Intelligence’s Thomas McMahon. With depressed sentiment meaning stock market valuations are low and many UK-focussed investment trusts trading on a discount, …
Read More »Moonpig sounds alarm over Royal Mail delays ahead of Christmas as it swings to a £33.3m loss
By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:03 EST, 10 December 2024 Moonpig has sounded the alarm over Royal Mail deliveries ahead of Christmas. Moonpig’s chief executive Nickyl Raithatha has said he is in talks with the delivery company about service levels as many areas of the country are …
Read More »Boost for City after Canal+ given green light to list in London: Shares in French film studio to start trading before Christmas
By JESSICA CLARK Updated: 17:01 EST, 9 December 2024 The French production firm behind the Paddington films will list in London this month after investors approved the break-up of its parent company. In a boost for the City, Vivendi shareholders overwhelmingly voted in favour of the spin-off of Canal+ and …
Read More »Kill the Royal Mail deal: Don’t sell our postal service on the cheap to buyers with weak credentials, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:01 EST, 9 December 2024 The National Security & Investment Act is intended to protect British commerce from unwanted intrusion by overseas predators. There can be few more obvious cases for it to be invoked than that of the £3.6billion bid by …
Read More »How you can cash in on DEAL MANIA
An astonishing £52billion worth of UK-listed businesses have succumbed to bids or mergers in 2024, in a feeding frenzy of deals that provokes concern – but also indicates an opportunity. The shrinking of our stock market is bad news for the economy – the pace of departures is the fastest …
Read More »Analysts ‘unimpressed’ as Learning Technologies agrees £802m takeover
Digital learning firm agrees 100p per share deal – it was valued at 236p in 2021 Chairman and chief executive take alternative offer but others cannot By MIKE SHEEN Updated: 10:07 EST, 4 December 2024 AIM-listed Learning Technologies has finally agreed to a £802million takeover by a US private equity …
Read More »Boost for FTSE as investors pile into UK shares: But £317m inflow may be temporary reprieve
By GEOFF HO Updated: 17:00 EST, 4 December 2024 Britain’s beleaguered stock market enjoyed a reprieve after a three-and-a-half year exodus as investors piled £317million into equity funds last month. Figures published yesterday by funds network Calastone showed London-listed shares enjoyed inflows for the first time since May 2021. However …
Read More »Neglect imperils Royal Mail: Government should have learned from the Thames Water disaster, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:00 EST, 2 December 2024 The current generation of British politicians are on a steep learning curve. There can be no excuse for indifference when the fate of a critical national asset is on the line. Minority investors increasingly are concerned that …
Read More »