As the holiday season looms into view, Royal Mail is joining M&S, Sainsbury’s, Aldi et al in the advertising battle for Christmas revenues. Britain’s postal delivery service is involved in an existential fight. Owner International Distribution Services (IDS) finds itself under intense regulatory scrutiny following the board’s decision to sell-out …
Read More »Rumours swirl of looming Burberry takeover bid from Italy’s Moncler
A Miss Tweed article said Bernard Arnault was ‘keen to see such a deal happen’ Burberry’s value has declined significantly over the past 18 months By HARRY WISE Updated: 08:56 EST, 4 November 2024 Italy’s Moncler is reportedly considering a takeover bid for struggling British luxury icon Burberry. Fashion website …
Read More »JEFF PRESTRIDGE: The Labour attack on pensions isn’t over. This is why I believe they will come under assault AGAIN in the near future
The reverberations from Wednesday’s Budget continue – and they are not good ones. As much as I hate to say this, it looks like the country is heading for the buffers – plagued by anaemic economic growth, weighed down by a bloated and inefficient public sector, and undermined by a …
Read More »Evri has most dissatisfied customers of all parcel firms – but courier says it is ‘listening’ and improving
By Harvey Dorset Updated: 11:41 EDT, 28 October 2024 Evri customers are the most dissatisfied with their experience of contacting customer services for help, according to an annual ranking of parcel firms. Some 39 per cent of Evri customers are dissatisfied with the contact processes of the firm, according to Ofcom’s …
Read More »Why millions of letters could soon take even longer to arrive via Royal Mail
By Jessica Clark Updated: 03:49 EDT, 27 October 2024 Czech billionaire Daniel Kretinsky looks set to buy Royal Mail owner International Distribution Services, pending a national security probe Royal Mail will take longer to deliver millions of business letters as part of a trial ahead of official changes to regulations. The …
Read More »CHARLES WHITE THOMSON: Labour must not sell out taxpayers for headline grabbing investment deals
By Charles White Thomson Updated: 06:50 EDT, 27 October 2024 Charles White Thomson is a senior fellow at the Adam Smith Institute and former investment company CEO The UK’s 2024 International Investment Summit raised £63 billion of private investment and 38,000 UK jobs ahead of the Budget. The investments include: …
Read More »Women are buying record amounts of gold and silver as prices soar
Rising global uncertainty is pushing up gold prices, with silver prices in tow By Sam Barker Updated: 08:50 EDT, 23 October 2024 More women than ever are buying gold and silver, the Royal Mint has said, as gold prices hit record highs. The Royal Mint has recorded an increase in …
Read More »Gold price hits record high of $2,700 – and Royal Mint says buyers are turning from bars to coins, for a key reason..
The Royal Mint says investors are turning away from gold bars for tax reasons By Sam Barker Updated: 07:19 EDT, 18 October 2024 Britons are buying up gold bullion coins instead of gold bars, the Royal Mint says, as prices spike and customers look to avoid rumoured rises to capital …
Read More »MARKET REPORT: Royal ratcatcher soars on hopes of US recovery
By Hugo Duncan Updated: 17:00 EDT, 17 October 2024 Shares in British pest control giant Rentokil Initial soared as investors welcomed progress in the turnaround of its troubled North American business. As well as reporting a steady 3.6 per cent rise in revenue to £1.4billion in the third quarter, the …
Read More »Fresh blow to City as US private equity giant Advent International plots swoop on Tate & Lyle
By Jessica Clark Updated: 17:00 EDT, 16 October 2024 A US private equity giant is preparing to swoop on London-listed Tate & Lyle in a further blow to the City. Advent International is reportedly in the early stages of putting together a bid for the British ingredients supplier. While the …
Read More »