The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Zero/??
This is not a distressed company. Interests will be rising in the UK and globally. 4.1% inflation and alot more to come. Don't forget that the Covid money that was put aside will come back and we have halved our losses. Also Ratesetter is flying.
Zero my bottom. lol
Of course, Shutting down the whole customer service whose job is to collect well needed money to keep the business running from 3.45pm is completely normal. Duh!
They will inform staff first, if it's bad news. Then inform the shareholders after market close. This is well within market rules. I am fearful that they would have shut down the their customer services department for a training session. This is the CORE service. Furthermore, 100 plus staff in one session.
I am a trainer and I have never know a public or commercial service close down their whole customer services team for training. NEVER in 26 years.