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(Alliance News) - European markets were looking for direction at midday on Monday, ahead of key interest rate decisions to come later in the week and after a stronger-than-expected consumer price inflation print from the eurozone.
Read more(Alliance News) - Planned strikes by Royal Mail workers in the next two weeks have been called off following a challenge by the company, which is owned by International Distributions Services PLC.
Read moreInternational Distributions Services PLC - London-based, postal service and package courier formerly known as Royal Mail - Notified by Secretary of State for Business, Energy & Industrial Strategy Grant Shapps that no further action is to be taken under the National Security and Investment Act 2021 in relation to the potential increase by Vesa Equity Investment Sarl of its shareholding in IDS to more than 25%.
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(Sharecast News) - Royal Mail parent company International Distribution Services confirmed on Monday that the business secretary was taking no action over shareholder VESA Equity Investment's possible increase in its stake.
Read more(Alliance News) - Stock prices in London opened lower on Monday, while the pound remained strong ahead of the Bank of England's interest rate decision to come later in the week.
Read more(Alliance News) - Workers at International Distributions Services PLC-owned Royal Mail will stage a fresh strike on Tuesday in a long-running dispute over pay and conditions.
Read more(Correcting to clarify that Morgan Stanley did not lift its Standard Chartered recommendation, only its price target for the stock.)
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Alliance News) - Stocks in London are called a touch lower on Monday, though the pound was on the up, despite the prospect of more UK political uncertainty.
Read more(Alliance News) - A tumultuous week in London came to a suitably dramatic close on Friday, as the UK's prime minister reversed a key aspect of the recent mini-budget and fired the chancellor.
Read more(Alliance News) - The FTSE 100's post-US inflation rally lost a bit of steam mid-morning Friday, before picking up pace once again as hopes the UK government will reverse unpopular fiscal policy moves continue to grow.
Read more(Alliance News) - International Distributions Services PLC on Friday said "significant and urgent" change was needed at Royal Mail, as it swung to a first-half loss in the wake of ongoing industrial action.
Read more(Alliance News) - European equities pushed higher on Friday morning, stretching gains from Thursday afternoon, spurred on by strong handovers from markets in New York and Asia.
Read more(Alliance News) - Global markets were defying a hotter-than-expected US inflation reading to push higher on Friday.
Read more(Sharecast News) - Royal Mail upped the stakes in its pay dispute with postal workers on Friday, threatening to fire 6,000 workers as part of a wider plan to cut 10,000 jobs by the end of next August, while blaming financial losses on strikes and lower parcel volumes.
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