Royal Mail set to post a first-half loss of £65m with Covid-19 worsening a drop in letter volumes

Royal Mail set to post a first-half loss of £65m with the pandemic worsening a drop in letter volumes It comes despite a predicted 8% rise in revenues to £5.6bn Covid-19 has prompted a rise in parcel sending with more internet shopping  The company taking on 33,000 temporary staff to help with Christmas demand  By … Read more

Give tax discount for green homes, Eon tells Ministers

Homeowners who make properties more energy efficient should pay less council tax and stamp duty, UK boss of energy giant Eon tells Ministers By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:26 GMT, 14 November 2020 Homeowners who make their properties more energy efficient should pay less council … Read more

Boost for Britain’s markets watchdog taking on tech titans

Ministers to examine plans to beef up Britain’s markets watchdog after furious intervention by its former chairman Lord Andrew Tyrie By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 14 November 2020 | Updated: 23:26 GMT, 14 November 2020 Ministers will examine plans to beef up Britain’s markets watchdog after a furious intervention by … Read more

Investors ‘robbed’ by City rule blocking them from investing

Small shareholders being ‘robbed’ by City rule blocking them from investing in shares worth billions in pandemic By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:25 GMT, 14 November 2020 Small shareholders are being ‘robbed’ by a City rule blocking them from investing in shares worth billions of … Read more

New boss to shake up Standard Life Aberdeen

Blueprint: Stephen Bird first met BlackRock’s Larry Fink a decade ago It is an asset manager steeped in nearly 200 years of history – but new boss Stephen Bird is not scared to shake things up at Standard Life Aberdeen. The Scottish banker, who became chief executive in September, is preparing a revolution at the … Read more

Royal Mail edging towards truce with unions

Royal Mail edging towards truce in its long-running modernisation battle with unions – just as postal workers are deluged by surge in parcel deliveries By Alex Lawson, Financial Mail On Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:24 GMT, 14 November 2020 Royal Mail is edging towards a truce in its long-running modernisation … Read more