Author: CapitalGainsFund

Aug 25

Royal Mail faces £100m hit from strikes

Four days of postal strikes that begin tomorrow are set to deliver a £100 million blow to Royal Mail’s finances. The company is in deadlock with the Communication Workers Union in a dispute over pay and modernisation. About 115,000 Royal Mail workers plan 24-hour industrial actions tomorrow, on Wednesday next week and on September 8 […]
Aug 24

UK expands gas emergency exercise ahead of winter

A regular energy industry exercise aimed at preparing the UK for the possibility of a gas supply emergency has been scaled up despite the government downplaying the threat of shortages this winter. The annual drill will see potential scenarios – including rationing electricity – simulated over four days, rather than the usual two, as energy […]