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Tag Archives: thisismoney

Labour’s business naivety is palpable, says ALEX BRUMMER

By ALEX BRUMMER Updated: 04:56 EST, 27 December 2024 Keir Starmer’s government doesn’t get business. Forget the pre-election hoopla of cosying up to enterprise and the £63billion of pledges made at the October 2024 investment summit.  Starmer and the Chancellor Rachel Reeves are clueless on how to fulfil the growth …

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Royal Mail takeover receives national security thumbs up

Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group  Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …

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ALEX BRUMMER: Bank must head off a recession

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 …

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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 …

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