Tag Archives: uk

The Bank of England (BoE) has raised interest rates by 25 basis points to 5.25 percent, the 14th consecutive rise since December 2021. The BoE’s announcement Thursday, spelling financial disaster for millions, is a class war measure. It takes interest rates to their highest level in 15 years and deepens …

Royal Mail has launched the first batch of drones in Orkney that will help people deliver parcels and letters, especially in times of emergency. The permanent drone delivery service is also made possible with the help of Skyports Drone Services. With this, expect to see no delays when receiving mail …

Glencore shares lower, “buy” note boosts Hargreaves Lansdown Robust production figures by Glencore did little for its shares today as investors continue to fret over China’s faltering economic recovery. The Swiss commodities giant said lower output of key assets in copper, zinc and coal was no worse than expected as …

The number of rental properties in London has fallen substantially since the pandemic according to research from the London School of Economics (LSE) and property firm Savills. A shortage of rental properties is forcing record numbers of tenants into temporary accommodation. Avondale Square estate, Bermondsey, London [Photo by Stephen Craven …

LONDON: The UK’s Royal Mail (LON:IDSI) has awarded over 2.3 million pounds (approx Rs 24 crore) in compensation to a British-Indian former employee who was bullied and intimidated for blowing the whistle on potential fraud relating to bonuses.Kam Jhuti, a media specialist, was harassed by her boss Mike Widmer after …

Following months of talks, BAE Systems, the UK’s main weapons manufacturer, confirmed on Tuesday that it will establish an office in Ukraine, as the precursor to building weapons inside Ukraine. The Telegraph reported the major escalation of NATO’s war against Russia late Tuesday following a video call between Ukrainian President …

According to the Royal Mail's latest update this month, the situation is improving though there is still some impact on the quality of service for … Source link

Royal Mail is again being investigated by the communications regulator over its missed delivery targets. Ofcom announced the inquiry after Royal Mail said on Monday it did not meet its 2022 to 2023 quality of service targets. The targets require Royal Mail to deliver 93% of first-class mail within one …

The GB4 Championship is an entry-level, one-make single seater championship aimed at giving young racers their first taste of slicks-and-wings machinery Published Date – 09:54 PM, Wed – 10 May 23 Hyderabad: JK Tyre racing prodigy Ruhaan Alva grabbed his maiden podium in the GB4 single-seater championship last weekend with …

Holly Williams, PA Business Editor 10 May, 2023 08:08 Outsourcing firm and government contractor Capita has revealed it will take a hit of up to £20 million from a recent cyber attack that saw some customer, supplier and staff data accessed by hackers. The group, which is a major contractor …