Royal Mail warns against further price rises as it fails to keep up with pandemic momentum May 19, 2022 Royal Mail posted humble results this morning with revenue down 1.6 per cent year-on-year reflecting changing consumer behaviour following removal of lockdown restrictions and lower international volumes.
Petrol retailers could face fines if they fail to pass on fuel duty cuts to consumers May 19, 2022 Petrol retailers could be fined if they fail to pass on fuel duty cuts to customers, warned the Competition and Markets Authority.
‘No nonsense’ Ineos Grenadier 4×4 to cost from £49,000 May 19, 2022 Orders for the Ineos Grenadier can be placed from 18 May, with buyers able to choose from van and five-seat Station Wagon versions.
Age hits equally, but the gender pension gap doesn’t May 19, 2022 According to Amazon’s rankings, the best selling products for sixty-plus Brits are elevated toilet seats, pill organisers and pain relief creams. As elderly age affects the population regardless of gender, Amazon’s pensioners’ insights don’t take into account whether the buyer is a man or a woman – raised toilet seats are so far yet to [...]
Looking after number one: Your guide to topping up the pension May 19, 2022 Live fast, die young, bad girls do it well, raps London’s M.I.A. But what if you are a sensible girl, live slow, and actually die old? The millennial mindset may be one hurdle to long-term investing. But pensions are there for a reason: they are a “surprising, sneaky, clever little vehicle for investment”, as Tamara [...]
Investec earnings per share top pre-pandemic levels despite market volatility May 19, 2022 Investec’s annual earnings per share have topped pre-pandemic levels, as the specialist banking and asset management group reaps the rewards of Covid-19 economic recovery. Adjusted earnings per shares have nearly doubled in the year to 31 March, jumping from 28.9p in 2021 to 55.1p – coming in at the top end of previous guidance. The [...]
National Grid posts £4bn profit amid soaring electricity and gas prices May 19, 2022 National Grid announced operating profit was up 11 per cent to £4bn as the firm continues to invest in its energy transition.
Pubs to rake in bank holiday sales with 90m pint prediction May 19, 2022 Pubs will pocket some £105m in pint sales from the Platinum Jubilee Bank Holiday as millions of Brits flood to beer gardens to make the most of the extended weekend. Around 90m pints are to be sold to thirsty punters, according to the British Beer and Pub Association’s (BBPA) forecast. Pubs are eagerly hoping for [...]
Fintech and the accountancy profession May 19, 2022 The union of finance and technology as fintech has become pervasive, transforming how financial services are delivered and consumed. It’s a thriving sector with many diverse parts such as online-only or neobanks, peer-to-peer lending, payment gateways / application programming interfaces (APIs), investment banking back-end infrastructure, insurtech, wealthtech and regtech. And that’s before considering some frontier [...]
Activist shareholder group slams $68tn climate initiative for ‘lack of ambition and progress’ May 19, 2022 Activist shareholder group ShareAction has slammed the world’s largest climate investor initiative today claiming it has “failed to deliver any meaningful progress” on reducing corporate emissions.