Boosted By Resurgent Consumer Spending, Second Quarter Growth Revised Up To 3%

The U.S. economy grew faster this spring than previously thought, fueled by a surge in consumer spending. The Commerce Department said Thursday that the U.S. economy grew at an annualized rate of 3 percent in the second quarter, revised up from an earlier forecast of 2.8 percent. Economists had expected the second estimate to be […]

Royal Mail revenues boosted by election and rise in stamp prices | Royal Mail

The chief executive of Royal Mail’s parent company said it was “too easy to blame” delivery companies for delays to postal voting, as it reported a rise in profits in the wake of the general election. International Distribution Services (IDS), the owner of the postal company which is the subject of a £3.6bn takeover bid […]