Royal Mail fined £10.5million for missing its post delivery targets again …C0NTINUE READING HERE>>> ROYAL MAIL has been fined £10.5million for missing its post delivery targets again. Regulator Ofcom said just 74.7 per cent of first class post was delivered on time in the past year — well short of the 93 per cent target. … Read more
ICELAND’S boss has said “food is too cheap” despite three years of rising prices during the cost-of-living crisis. Richard Walker said the relaunch of its interest-free loans for customers to spend in-store was not because groceries are too expensive but due to wider pressures on household budgets. Iceland set up its Food Club with charity … Read more
Future of Boots plunged into uncertainty as US owner begins takeover talks …C0NTINUE READING HERE >>> THE future of Boots has been plunged into uncertainty while a buyout fund negotiates with its US owner. Pharmacy giant Walgreens Boots Alliance, which bought Boots in 2014, is understood to be in takeover talks with private equity firm … Read more
Poundland takes £639million hit to value as profits crash and costs soar …C0NTINUE READING HERE >>> POUNDLAND is facing an uncertain future as tumbling profits have prompted its owner to admit it was considering what to do with it. Polish owner Pepco has taken a £639million writedown on the value of the discount retailer, which … Read more
Travelodge boss says Labour’s Budget has made creating part-time jobs more expensive …C0NTINUE READING HERE >>> TRAVELODGE boss Jo Boydell says the Budget has made creating part-time jobs more expensive — at a time when the Government should be encouraging more people into work. But she said she is still determined to invest in recruiting … Read more