Royal Mail shares sink again as broker issues ‘sell’ downgrade amid growing cost pressures and weak forecasts Peel Hunt has slashed its target price for Royal Mail from 500p per share to 307p Royal Mail has raised the price of letters and parcels in response to rising costs Shares in …
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Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s …
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Crowning glory: The Queen’s Coronation in 1953 If you have a Royal commemorative mug collecting dust on the mantelpiece, now is the time to spruce it up and raise a toast to the Queen’s Platinum Jubilee. But while most patriotic pottery is little more than a memento worth a few …
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Mayfair-based hedge fund Marshall Wace emerges with a £100m bet against Tesco, Britain’s biggest supermarket By Francesca Washtell, Financial Mail On Sunday Published: 16:50 EDT, 21 May 2022 | Updated: 17:43 EDT, 21 May 2022 Mayfair-based hedge fund Marshall Wace has emerged with a £100million bet against Tesco, Britain’s biggest …
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SCHRODER UK MID CAP FUND: Shareholders set to continue roller coaster journey, but mid-cap trust is taking the fight to inflation By Jeff Prestridge, Financial Mail on Sunday Published: 16:52 EDT, 21 May 2022 | Updated: 17:41 EDT, 21 May 2022 Shareholders in investment trust Schroder UK Mid Cap have …
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INVESTING EXPLAINED: What you need to know about value investing and the hunt for bargain shares By Daily Mail City & Finance Reporter Published: 16:50 EDT, 20 May 2022 | Updated: 03:40 EDT, 21 May 2022 In this series, we bust the jargon and explain a popular investing term or …
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Former German Chancellor Gerhard Schroder steps down as director at Russia’s top crude oil producer Rosneft By Milo Pope For The Daily Mail Published: 16:50 EDT, 20 May 2022 | Updated: 03:44 EDT, 21 May 2022 Former German Chancellor Gerhard Schroder has stepped down as director at Russia’s top crude …
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London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone. Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …
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Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …
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Talks to avert first nationwide postal strike since privatisation enter crucial phase as Royal Mail prepares to unveil big jump in profits By Patrick Tooher, Financial Mail On Sunday Published: 16:52 EDT, 14 May 2022 | Updated: 16:52 EDT, 14 May 2022 Talks to avert the first nationwide postal strike …
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