Royal Mail chair steps down because of Countrywide commitments September 19, 2018 The chairman of Royal Mail, Peter Long, announced today that he is stepping down with immediate effect. Royal Mail said he had taken the decision after his other commitments “increased substantially” this year, including moving from non-executive to executive chairman at troubled estate agents Countrywide. Long joined the board of Royal Mail in June 2015 [...]
Royal Mail chair steps down because of Countrywide commitments September 19, 2018 The chairman of Royal Mail, Peter Long, announced today that he is stepping down with immediate effect. Royal Mail said he had taken the decision after his other commitments “increased substantially” this year, including moving from non-executive to executive chairman at troubled estate agents Countrywide. Long joined the board of Royal Mail in June 2015 [...]
City regulators demand banks and insurers reveal plans to move away from Libor September 19, 2018 The City's top regulators today demanded banks and insurers tell them their plans for moving away from the Libor rate used in contracts worth trillions of pounds. Firms are currently contemplating how to transfer often complex contracts and systems referencing the rate onto new benchmarks before 2021, when the scandal-hit Libor may become defunct. The [...]
City regulators demand banks and insurers reveal plans to move away from Libor September 19, 2018 The City's top regulators today demanded banks and insurers tell them their plans for moving away from the Libor rate used in contracts worth trillions of pounds. Firms are currently contemplating how to transfer often complex contracts and systems referencing the rate onto new benchmarks before 2021, when the scandal-hit Libor may become defunct. The [...]
Inflation driven to six-month high by fuel and package holiday prices September 19, 2018 Inflation in the British economy rose at its fastest rate in six months in the year to August, with increases in prices of petrol and package holidays among the main contributors to price growth. The consumer price index (CPI) tracking inflation rose by 2.7 per cent compared to last year, according to the Office for National [...]
Tesco reveals budget supermarket chain, Jack’s, to rival Aldi and Lidl September 19, 2018 Tesco officially unveiled its new discount shopping brand today, called Jack’s. Named after Tesco’s founder, Jack Cohen, the budget brand will open between 10 and 15 stores across the UK over the next six months, with the first two set to open in Chatteris, Cambridgeshire and Immingham, Lincolnshire, tomorrow. Read more: Jamie Oliver joins up [...]
Inflation driven to six-month high by fuel and package holiday prices September 19, 2018 Inflation in the British economy rose at its fastest rate in six months in the year to August, with increases in prices of petrol and package holidays among the main contributors to price growth. The consumer price index (CPI) tracking inflation rose by 2.7 per cent compared to last year, according to the Office for National [...]
Tesco reveals budget supermarket chain, Jack’s, to rival Aldi and Lidl September 19, 2018 Tesco officially unveiled its new discount shopping brand today, called Jack’s. Named after Tesco’s founder, Jack Cohen, the budget brand will open between 10 and 15 stores across the UK over the next six months, with the first two set to open in Chatteris, Cambridgeshire and Immingham, Lincolnshire, tomorrow. Read more: Jamie Oliver joins up [...]
Invest like a Premier League football manager – are you conservative, an explorer or a pioneer? September 19, 2018 More than a month into the Premier League season, which began on 10 August, the beautiful game is continuing to surprise us. Managers are feeling the pressure to prove that their investment decisions were right during the transfer window, with both big spenders and low expenditure clubs under the spotlight. And these investment decisions [...]
Invest like a Premier League football manager – are you conservative, an explorer or a pioneer? September 19, 2018 More than a month into the Premier League season, which began on 10 August, the beautiful game is continuing to surprise us. Managers are feeling the pressure to prove that their investment decisions were right during the transfer window, with both big spenders and low expenditure clubs under the spotlight. And these investment decisions [...]