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British postal workers to hold four days of strikes over pay

LONDON, Aug 9 (Reuters) - British postal workers will hold four days of strikes in August and September in protest over pay, marking the latest announcement of industrial action in the country as workers demand wage rises to cope with soaring inflation. Rising prices and stagnant real wage growth has forced unions representing workers in industries including railways and airlines to strike or trigger industrial action as Britain faces its worst cost-of-living crisis in decades.
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UK postal workers to hold four days of strikes over pay

LONDON, Aug 9 (Reuters) - British postal workers will hold four days of strikes in August and September in protest over pay, the Communications Workers Union said, announcing the latest industrial unrest as workers demand wage rises to cope with soaring inflation. The postal workers will go on strike on Aug. 26 and 31 as well as Sept. 8 and 9, the union said.
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UK Stocks-Factors to watch on July 21

July 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.10%. * SSE PLC: British power company SSE Plc SSE.L said its first-quarter performance slightly exceeded its expectations and reiterated its forecast for the full year. * ANGLO AMERICAN: Global miner Anglo American AAL.L reported a 9% fall in second-quarter output.
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UK Stocks-Factors to watch on July 21

July 21(Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.05%. * JD SPORTS: JD Sports Fashion Plc JD.L , Britain's largest sportswear retailer, was in exclusive talks to sell Footasylum to German asset management firm Aurelius Group, a Sky News reporter said in a tweet on Wednesday. * HEATHROW: A strike by refuellers at Britain's busiest airport Heathrow, which was set to begin on Thursday, has been suspended after the employees received a revise
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British Business - July 21

July 21 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Abcam ABCA.L decided to cancel its listing in London after a consultation with shareholders and will instead keep a sole listing on Nasdaq. Link - Royal Mail RMG.L has delivered a profit warning and said that it is changing its name and preparing for a radical demerger of its international business.
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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.56%. * PREMIER FOODS: Premier Foods PFD.L on Wednesday reported a rise in its first quarter sales as the maker of Mr Kipling cakes and OXO cubes benefited from robust demand for its sweet treats and grocery products. * ANTOFAGASTA: Chilean miner Antofagasta Plc ANTO.L cut its full-year copper output target to 640-660,000 tonnes, hit by a leak in an underground pipeline that transports c
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Royal Mail says UK business losing one million pounds a day amid union clash

* Shares down 2% * Holding company to be renamed International Distributions Services Plc * Executives say ready to talk over pay By Eva Mathews and Yadarisa Shabong July 20 (Reuters) - Royal Mail RMG.L is losing one million pounds a day, the British post and parcel delivery firm said on Wednesday, as it struggles to cut costs as inflation-hit consumers cut back on online shopping and postal workers threaten to strike.
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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.47%. * ABRDN: British asset manager Abrdn Plc ABDN.L is preparing to sell its private equity business as part of a streamlining process under Chief Executive Stephen Bird, Sky News reported on Tuesday. * LSEG: The London Stock Exchange Group LSEG.L said on Tuesday it has launched a taskforce to drive through financial reforms announced by British government to buttress the capital's att
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British Business - July 20

July 20 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The Bank of England will consider a 0.5 percentage point increase in interest rates in August as policymakers fear Russia's war on Ukraine could fuel further price rises this winter, its governor said on Tuesday.
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Financial Times - July 20

July 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Ocado Retail chief Melanie Smith to quit Link - Royal Mail postal workers vote to strike Link - Banks and insurers boost UK staff pay to combat cost of living Link - Ministers wasted 190 mln stg 'repeatedly' altering rail upgrade plans Link Overview - Ocado Group OCDO.L , the online supermarket and technology firm, said Melanie Sm
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Financial Times - July 6

July 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Royal Mail managers to strike over proposed job and pay cuts Link - Tesco squares up to Mars Petcare over price of Whiskas Link - Shell signs up to Qatar project as LNG demand booms Link - Sainsbury's sales fall as customers cut back spending Link Overview - Managers at Britain's Royal Mail RMG.L will hold two rounds of industrial
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British Business - June 30

June 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Whitbread Plc WTB.L on Wednesday named Dominic Paul, the boss of the British franchisee for U.S.-based Domino's Pizza DOM.L , as its new chief executive, replacing Alison Brittain.
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British Business - June 22

June 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Ocado OCDO.L bosses on Wednesday pledged that its 578 million pound ($709.09 million) fundraising will be the last time it taps investors before turning cashflow positive in the next four to six years.
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British Business - June 16

June 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - BP BP.L is to lead the development of a $36 billion wind, solar and hydrogen project in Western Australia in its latest foray into green energy. bit.ly/3Qmupa9 - The European Central Bank is preparing to take an emergency measure to bring down indebted countries' borrowing costs and stem a eurozone bond market
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British Business - June 1

June 1 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Sources said that Unilever's ULVR.L board had agreed to hand Nelson Peltz a board seat, despite him owning a small stake in the company, after shareholders had privately encouraged bosses to welcome the activist.
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British Business - May 31

May 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The head of the corporate governance watchdog has called an overhaul of Britain's financial reporting and audit regime a "missed opportunity". Link - Royal Mail is set to drop out of FTSE 100, London’s leading share index, in the next quarterly reshuffle.
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UK Stocks-Factors to watch on May 20

May 20 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Friday, with futures FFIc1 up 1.1%. * NATIONWIDE: Nationwide Building Society reported its annual profit nearly doubled on Friday, as it largely shrugged off the impact of the COVID-19 crisis and rising inflation on Britain's economy. * M&C: The independent directors of M&C Saatchi SAA.L have agreed a deal to sell the British advertising company to consultancy Next Fifteen Communications NFC.L , saying it offered a super
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British Business - May 20

May 20 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Billions could be wiped off the valuation of Klarna, the "buy now, pay later" fintech business, amid regulatory scrutiny, increased competition and a broader sell-off of technology shares.
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UK Stocks-Factors to watch on May 19

May 19 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 0.5%. * ROYAL MAIL: Royal Mail RMG.L identified 350 million pounds ($432.92 million) in cost savings this year to battle inflationary pressures and the slowing British economy after its 2021-22 profit slightly missed market expectations. * NATIONAL GRID: Energy supplier National Grid NG.L reported a 16% jump in annual pre-tax profit on Thursday, but said that rising energy prices and a co
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UK Stocks-Factors to watch on May 19

May 19 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 1%. * REGULATOR: The UK Treasury said on Wednesday that new legislation will give the country's Financial Conduct Authority new powers to ensure that cash withdrawal and deposit facilities are available in communities across the country. * BOE: British finance minister Rishi Sunak gave the Bank of England and its governor Andrew Bailey - who have been criticised for the recent surge in in
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