Royal Mail is facing a pivotal year. Boss Rico Back is trying to roll out modern technology and shift its business model towards parcels, as the number of letters being sent continues to decline. But his plans are getting a rough ride, with trade union chiefs arguing they are camouflage …
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FTSE CLOSE: London shares rise; NMC Health founder forced out; Japanese economy shrinks 6.3%; ii snaps up The Share Centre The FTSE 100 has closed up 0.3%, or 24.12 points at 7,433.25 Pound fell 0.2% against dollar and euro, with £1 buying $1.30 and €1.20 NMC Health shares recovered earlier losses …
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Alison Rose’s revolution: Royal Bank of Scotland changing its name to Natwest Group as it seeks to put its chequered past behind it Bank seeks to draw line under its near collapse under Fred Goodwin New boss also plans to halve the size of its investment bank By Lucy White …
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British Gas owner Centrica swung to a loss of £1.1billion last year, with the group blaming the Government’s energy bill price cap and lower natural gas prices for its fall in fortunes. The energy group’s annual pre-tax profit was wiped out in a dramatic reversal of the £575million it banked …
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ON THE BOARD: Former ITV boss Adam Crozier made chairman of research firm Kantar By Daily Mail City & Finance Reporter Published: 21:51, 10 February 2020 | Updated: 21:51, 10 February 2020 Former ITV boss Adam Crozier has been made chairman of research firm Kantar. The company said the 56-year-old, …
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MARKET REPORT: Fund supermarket Hargreaves Lansdown takes another blow as founder Peter Hargreaves flogs £550m worth of shares By Francesca Washtell For The Daily Mail Published: 21:48, 7 February 2020 | Updated: 21:48, 7 February 2020 Fund supermarket Hargreaves Lansdown took another blow as its founder Peter Hargreaves flogged £550m …
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Blameless pensioners are fighting back against shock demands for thousands of pounds they were paid by mistake. Money Mail revealed pension errors that have had a devastating impact on retirees, with schemes slashing incomes and demanding money be returned when mistakes are discovered — often years later. Last week we …
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Investors in Royal Mail face further reductions in their dividends, German bank Berenberg has warned. Analysts said the FTSE 250 firm’s turnaround plans, which are aiming to move it away from letters and toward more profitable parcel deliveries, were becoming ‘increasingly difficult’ and cuts to earnings alongside higher spending would …
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Big Ben may not chime in celebration, but to mark the UK leaving the European Union the Royal Mint is issuing three million new 50p coins on Friday. The seven-sided coin is being released on the day of our official departure – January 31 – and emblazoned on the tail …
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Asos smashes through £1bn in sales as the online fashion shop cashes in on Black Friday while putting IT and warehouse problems behind it The chairman of Asos is the former Royal Mail and ITV boss Adam Crozier The firm is headquartered in an Art Deco former cigarette factory in …
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