UK farmers are receiving negligible profits for many items as food prices rise and supermarkets boast record takings. An average block of cheese or loaf of bread produces less than a penny for farmers, and fruit producers do not fare much better, making just 3p from each kilo of apples. …
Read More »Interest payments on government borrowing to hit £100 billion City warns
That will take total government borrowing to £2.3 trillion. The interest payments on the stock of government debt will be about £7.5 billion, which takes the total for the year to April to £71.5 billion. It is rising due to increases in RPI inflation, to which index-linked gilts are pegged. …
Read More »Royal Mail plc – Transaction in Own Shares
Royal Mail plc – Transaction in Own Shares. The Company announces that on 13 December 2021 it had purchased a total 183,506 of its ordinary shares of GBP0.01 each (the ‘ordinary shares’) on the London Stock Exchange, Cboe BXE and Cboe CXE, through the Company’s broker, Merrill Lynch International, as …
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