[ad_1] By GEOFF HO Updated: 16:51 EST, 3 January 2025 US Steel’s £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US president’s decision to block the sale to Nippon Steel Corporation. Biden…
[ad_1] Senior figures line up to urge Rachel Reeves to ditch ‘pernicious tax’ Fears it is deterring investment in UK Low valuations leave companies on UK stock market vulnerable to predators By HUGO DUNCAN Updated: 21:50, 3 January 2025 Britain must axe stamp duty on share trading to revive the flagging stock market, according to leading…
[ad_1] By JOHN-PAUL FORD ROJAS Updated: 17:08 EST, 2 January 2025 The pound hit its lowest level against the US dollar for nearly nine months yesterday as figures showed a ‘winter chill’ descending on UK manufacturers after Labour’s Budget. Sterling fell more than a cent to less than $1.24, its lowest since April 23, as…
[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:05 EST, 2 January 2025 Brompton boss Will Butler-Adams blamed a ‘really sad state of affairs’ in the global bicycle market as the wheels came off sales. Profits for the year to the end of last March were just £4,602 compared to £10.7million a year earlier. …
[ad_1] By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:05 EST, 2 January 2025 Europe has done a terrific job in unhinging itself from Russian gas supplies since the start of the Ukraine war. The Kremlin’s share of the gas market has plummeted from 35 per cent to 8 per cent as users have switched suppliers to…
[ad_1] By THIS IS MONEY Updated: 05:39 EST, 30 December 2024 More than 400 pubs across England and Wales were demolished or converted to another use over the last year, fresh figures show. Government data analysed by commercial real estate specialist Altus Group shows the number of pubs across the country falling below 39,000 for…
[ad_1] 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 mission. Labour’s agenda is…
[ad_1] 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 clearance from the UK…
[ad_1] The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing for an hour-and-a-half to…
[ad_1] Millions of us are posting presents and cards to loved ones across the UK and crossing our fingers that they will arrive by Christmas within the timeframes promised by Royal Mail. But will they? Money Mail decided to find out. We sent 100 Christmas cards to family and friends around the country and the…