Babcock’s underlying operating profits jumped by 34% to £238m last year Defence firms have benefited from governments ramping up military spending By Harry Wise Updated: 05:22 EDT, 17 July 2024 Babcock enjoyed bumper earnings growth last year despite continuing to incur high losses from a legacy shipbuilding contract. The defence …
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Daniel Kretinsky said he will honour current Royal Mail USO rules IDS agreed to a £3.57bn takeover bid from Kretinsky’s EP Group By Daniel Fessahaye Updated: 11:27 EDT, 16 July 2024 In an interview with the BBC, Czech billionaire Daniel Kretinsky said he will honour Royal Mail’s Universal Service Obligation …
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Move sparks fierce opposition over concerns about jobs Postal bosses facing calls to meet with MPs Railway workers union says move must be reviewed By Jessica Clark And Leah Montebello Updated: 16:50 EDT, 14 July 2024 Royal Mail is facing a mounting backlash over its plan to stop transporting post …
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By Joanne Hart Updated: 17:31 EDT, 13 July 2024 Nemesis consistently ranks as one of the most exciting rollercoasters in the world – a highlight for anyone who enjoys hanging upside-down while hurtling through the air at 50 mph. Recently upgraded, Nemesis is a top attraction at Alton Towers, helping …
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By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 10 July 2024 Government is not all about grand gestures such as bulldozing planning laws and a National Wealth Fund to power up Britain’s investment in green technologies. Labour’s inheritance includes the debt crisis at Thames Water, unfinished work in …
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By Jessica Clark Updated: 17:00 EDT, 10 July 2024 Labour ministers will hold urgent talks with water bosses today as they gear up for a regulatory ruling on their finances. Executives from Thames Water, South East Water and Severn Trent are among those who have been summoned to meet Environment …
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Direct Line plans to pay 60% of its operating earnings as a regular dividend By Jane Denton Updated: 03:49 EDT, 10 July 2024 Direct Line Group is planning to pay out roughly 60 per cent of its operating profits as regular dividends, as its new boss works to revive the …
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By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 9 July 2024 The ‘critical risk’ to Britain resulting from the desperate finances of Thames Water may appear to have little to do with Royal Mail. The Labour administration, which is selling itself as a bastion of stability, needs to …
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By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 8 July 2024 As a former Bank of England insider, it should come as no surprise that Rachel Reeves held her first meeting with Andrew Bailey while the embers of the election campaign were still burning. The new Chancellor has …
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By Alex Brummer for the Daily Mail Updated: 16:50 EDT, 5 July 2024 Pointing the way: New PM Keir Starmer The scale of Labour’s win gives Keir Starmer’s government the muscle it needs to fulfil its growth mission. Unlike 1997 when Tony Blair swept to power on a great wave …
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