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United States

Yadarisa Shabong

G4S plans more than 1,100 job cuts at cash-handling business

Jul 13 2020

Private security company G4S could axe 1,150 jobs at its UK cash business as it grapples with an increased shift to digital payments triggered by Britain's coronavirus lockdown.

UPDATE 2-Engineering group Senior cuts more jobs as virus rattles aerospace

Jul 10 2020

* Shares down 3.5% (Adds shares, analyst comments, background, detail)

British recruiters' income falters as pandemic stifles hiring

Jul 09 2020

British recruiter PageGroup said on Thursday it hoped a coronavirus-driven slump in hiring activity would soon taper off after it cut more staff in May and June to help it survive the industry's biggest crisis in a decade.

FirstGroup says it may not survive as passenger numbers dive

Jul 08 2020

British bus and train operator FirstGroup warned on Wednesday it might not survive as a going concern after a collapse in passenger numbers led to a 153 million pounds ($192 million) loss in the year to March, sending its shares down 15%.

UPDATE 2-FirstGroup says it may not survive as passenger numbers dive

Jul 08 2020

* FirstGroup still plans Greyhound sale despite setbacks (Adds detail on divestment, shares, CEO comments)

Premier Inn owner Whitbread cautious on outlook as hotels reopen

Jul 07 2020

Premier Inn owner Whitbread reported a 80% fall in first-quarter like-for-like UK sales on Tuesday noting improving demand for hotel rooms in tourist spots but subdued demand in London and elsewhere.

DS Smith boosted by online shopping surge, disappoints on dividend

Jul 02 2020

Cardboard maker DS Smith saw a surge in demand for boxes from e-commerce customers during the coronavirus lockdown as online shopping boomed, but the company said it was too soon to restart dividend payments, sending its shares down sharply.

UPDATE 2-DS Smith boosted by online shopping surge, disappoints on dividend

Jul 02 2020

* Shares fall 9% (Adds shares, CEO and analysts comments, background)

Royal Mail to kick off labour talks with union in bid to reconcile

Jul 01 2020

Royal Mail and its largest labour union have agreed to start talks to settle a long-running dispute over pay and operational changes, the former British postal monopoly said on Wednesday.

UPDATE 2-Royal Mail to kick off labour talks with union in bid to reconcile

Jul 01 2020

* Talks come after former CEO Rico Back resigned (Adds CWU comments)

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