[ad_1] By ALEX BRUMMER FOR THE DAILY MAIL Updated: 04:24 EDT, 16 April 2025 Labour’s dramatic seizure of control over Jingye-owned British Steel was a clear demonstration of inept handling of industrial issues. Emergency parliamentary sittings are best confined to states of war, not a self-created crisis partly caused by a bonkers drive to net…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:08 EDT, 15 April 2025 Plans to water down second class post will decimate the service and could result in Royal Mail becoming the next victim of a taxpayer bail out, businesses have warned. Watchdog Ofcom’s proposals to cut second-class deliveries to every other working day…
[ad_1] By CALUM MUIRHEAD Updated: 16:50 EDT, 12 April 2025 The Czech tycoon taking over Royal Mail in a controversial debt-fuelled deal has suffered a £3 billion blow after profits plunged at his energy empire. Daniel Kretinsky will this month become the first overseas owner of the postal service in its 500-year history. He is…
[ad_1] By ALEX BRUMMER Updated: 16:50 EDT, 11 April 2025 Labour’s light-touch regulation meant Britain, with its free-wheeling City culture, felt the shock waves from the great financial crisis of 2008 more than most. The response of then-prime minister Gordon Brown and an intellectually robust Treasury was impressive. Brown and his chancellor Alistair Darling recognised they…
[ad_1] A month ago, just one or two more rate cuts were predicted for 2025 By MIKE SHEEN Updated: 04:59 EDT, 9 April 2025 Investors have ramped-up bets on Bank of England interest rate cuts amid growing fears the outbreak of a trade war will weigh heavily on economic growth. Signs of resurgent inflationary pressures…
[ad_1] By ALEX BRUMMER Updated: 16:50 EDT, 6 April 2025 The Trump tariff war is a strong reminder of how critical it is to UK plc to preserve command and control of our economy. The blitz of trade actions from the White House obscured a regulatory filing which will have an impact on every household and every…
[ad_1] By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:06 EDT, 1 April 2025 The thought of Business Secretary Jonathan Reynolds making a deal with the billionaire hyenas in Donald Trump’s trade and economic team will not fill anyone with confidence. The Labour apparatchik tried to explain, on Radio 4, why the country should be…
[ad_1] 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. S.M. writes: I was medically retired from Royal Mail in 2015, after 32 years of employment. In…
[ad_1] By HUGO DUNCAN Updated: 18:00 EDT, 27 March 2025 Foreign predators are swooping on British companies at a rate not seen for three years. In a report that will fuel concerns over low valuations in the UK, the London Stock Exchange Group (LSEG) said the value of bids from overseas for British firms has…
[ad_1] By MIKE SHEEN Updated: 09:12 EDT, 26 March 2025 Morrisons has boosted its medium-term savings target to £1billion, as the supermarket faces growing costs and the lingering impact of a major cyber security incident. The retailer’s chief executive Rami Baitiéh has previously warned of an ‘avalanche of costs’ arrising from changes announced in Chancellor…