LIVE BUSINESS: Revolución Rejects Nightcap Offer; Bunzl Buys Nisbets; Victorian Plumbing Revenues Fall

Companies with reports and trading updates today include Revolution Bars Group, Victorian Plumbing, Bunzl, AstraZeneca, Intermediate Capital and Edinburgh Investment Trust.

Czech Sphinx to cut up to 1,000 jobs at Royal Mail, union bosses warn

Union bosses have warned that the ‘Czech Sphinx’ could press ahead with plans to cut up to 1,000 postal jobs if it succeeds in its bid to buy Royal Mail.

The Communication Workers Union (CWU) will hold talks with billionaire businessman Daniel Kretinsky in early June if a deal is reached.

The FTSE 100 index opened at 8,317.59

The pound was trading at $1.2772 at 8 a.m., compared to $1.2771 at the previous close.

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LIVE BUSINESS: Revolución rejects Nightcap offer; Bunzl buys Nisbets; Victorian plumbing revenues fall

Czech Sphinx to cut up to 1,000 jobs at Royal Mail, union bosses warn

The FTSE 100 index opened at 8,317.59

Share or comment on this article: LIVE BUSINESS: Revolución rejects Nightcap offer; Bunzl buys Nisbets; Victorian plumbing revenues fall

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